$260,000
$299,900
13.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
2,016 SqFt
SOLD DATE : 01/18/2019
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Eightplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Subdivision Lakeside Park
MLS Listing ID 201853912
Sold Date 01/18/19
Style Two Story
Bedrooms 8
Full Baths 8
Abv Grd Liv Area 2,016
Total Fin. Sqft 2016
Year Built 1916
Tax Year 2018
Lot Size 3,484 Sqft
Property Description
Location Location Location! Amazing opportunity to own this eight unit building. There are eight one bedroom one bathroom apartments. There is a laundry room facility that has two washers and two dryers. This property is currently rented by a local not for profit which pays the rent for seven of the eight units units guaranteed even if there is a tenant occupying a unit or not. This rental structure has been in place for over the last eleven years and there is no indication of any changes. This is perfect for the investor that wants to own a larger property and not have to deal with all of the tenant turnover and screening only thing that would need to be done is the maintenance. There are not may opportunities that buildings like this are for sale.
Location
State IN
Area Allen County
Direction Columbia Ave. to Delta Blvd..
Rooms
Dining Room 0
Interior
Flooring Mixed
Appliance Building
Laundry , 8
Exterior
Amenities Available Basement
Waterfront No
Total Parking Spaces 8
Building
Lot Description Level
Story 2
Structure Type Brick,Vinyl
New Construction No
Schools
Elementary Schools Forest Park
Middle Schools Lakeside
High Schools North Side
School District Fort Wayne Community
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IDX information provided by the Indiana Regional MLS
Bought with Andrew Kershner • CENTURY 21 Bradley Realty, Inc