708 Columbia Avenue
Property Description
Located just steps from Lakeside Park, this FULLY RENTED QUADPLEX offers a strong investment opportunity in a highly desirable area of Fort Wayne's historical district. The property consists of four units, including three one-bedroom, one-bathroom apartments and one efficiency unit, providing a diverse rental mix and steady income stream. Tenants pay for electricity individually, with separate electric meters for each unit, helping streamline expenses. Ideally situated within walking and biking distance of downtown attractions, local shops, restaurants, and community events, this property offers a highly desirable location for tenants. A solid addition to any investment portfolio! Professional property management is already in place, making this an excellent opportunity for both experienced and first-time investors seeking a turnkey multifamily asset in a strong rental market.
Broker Details
Century 21 Bradley Realty,Inc. (260) 399-1177
MLS ID: 52155 State License Number: RB20001874
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $250,000 |
| No. of Units: | 4 |
| Year Built: | 1890 |
| Lot Size: | 2,660.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $62,500 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-FWAARIN-202623519
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout