2535 Lafayette St, Fort Wayne, IN 46803

$95,000
3
BD
1
BA
1,160
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Nathan Mosley from Hosler Realty Inc. Off: 260-347-1158

List Price
$95,000
Status
ACTIVE
MLS#
202638885
Year Built
1915
Days On Market
Unknown
Bedrooms
3
Bathrooms
1
Living Area
1,160
Township
Wayne
Subdivision
Lasalles

Property Description

Currently rented with a long-term tenant in place, this 3-bedroom, 1-bath Fort Wayne home is a great option for an investor looking for immediate rental income or a future owner-occupant looking for an affordable place to call home. The current lease runs through March 2027, allowing the property to remain a cash-flowing rental or transition to a primary residence after the lease expires. Several major expenses have already been addressed, including a new roof in May 2023 and a new furnace in 2025. The washer, dryer, range, and refrigerator were also replaced approximately six months ago and are included with the sale. The home has approximately 1,160 square feet of living space with 3 bedrooms and 1 full bath. Outside, you'll find a covered front porch, rear deck, mature trees, and a large backyard with plenty of room to enjoy. Although Lafayette Street is a busy thoroughfare, the rear alley provides access to a driveway and off-street parking behind the home. The location is convenient to downtown Fort Wayne and is close to both Reservoir Park and Weisser Park, along with shopping, restaurants, and other amenities. Priced at $95,000, this property provides an affordable opportunity with an established tenant already in place, recent improvements to two major components of the home, and flexibility for either continued investment use or future owner occupancy.

Additional Information

Acres
0.10
Taxes
$1,462
Lot Features
Level
Water
City
Heating
Natural Gas, Forced Air
Cooling
None
School District
Fort Wayne Community
Elementary School
Fairfield
Middle School
Shawnee
High School
South Side
Agent Name
Nathan Mosley

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks