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$89,900
4 Beds 2 Baths 202618627 MLS 2,375 SqFt. Jerry Starks
Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don’t miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.

462 E Suttenfield Street, Fort Wayne

Listing courtesy of Jerry Starks from JM Realty Associates, Inc.. Cell: 260-479-8161

$63,000
1 Beds 1 Baths 202612891 MLS 1,245 SqFt. Kenson Dhanie
Great investment opportunity being sold AS-IS. There is another lot included in the sale of this home. Ready for your favorite contractor to create your dream. Good fit for investors or buyers looking to take on a manageable project. This 1-bedroom, 1-bath home with a simple, functional layout and classic charm sits on two lots, giving the feeling of space from neighbors. Rare find in Fort Wayne. Features a cozy living area and original woodwork, hard wood floors that could be brought back to life. Walking up the relaxing front porch, you enter the living room with immediate entry to the left for the bedroom. The living room is separated but open to the dining room with original decorative columns. The bathroom is off the dining room and also has access to the bedroom down a small hall. The kitchen is to the rear of the house with small back porch. The yard is a landscaper's blank canvas. The open basement is excellent storage and in great shape. Financing can be available with a rehab loan

3117 Monroe Street, Fort Wayne

Listing courtesy of Kenson Dhanie from Mike Thomas Assoc., Inc. 260-489-2000

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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