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Nestled in a desirable area of Fort Wayne, this property benefits from proximity to key amenities including schools, parks, and shopping centers. With its strategic location, it offers convenience and accessibility, ensuring high demand from potential tenants or future buyers. Property Type: This cozy yet spacious 2-bedroom, 1-bathroom residence offers ample potential for value appreciation. Boasting a functional layout and a 1-car detached garage, it presents a solid foundation for investment success. Priced at a significant discount, this property presents an exceptional opportunity for investors to capitalize on its untapped potential. With some cosmetic updates and minor repairs, this gem can be transformed into a lucrative income-generating asset or a profitable resale opportunity. While the property requires some cosmetic enhancements to realize its full value, the investment required is minimal compared to the substantial upside potential it offers. With a strategic renovation plan, investors can elevate the property to meet market demands and command premium rents or resale values. With the growing demand for rental properties in Fort Wayne, investors can capitalize on this trend by securing a steady stream of rental income. Whether you're a seasoned investor or a newcomer to the market, this property promises attractive returns and long-term financial stability.
DAYS ON MARKET | 15 | LAST UPDATED | 5/14/2024 |
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TRACT | Rockhill | YEAR BUILT | 1900 |
COMMUNITY | 212 - Allen - Wayne | GARAGE SPACES | 1.0 |
COUNTY | Allen | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Jr. High School | Washington Junior High School |
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High School | Washington High School |
PRICE HISTORY | |
Prior to May 8, '24 | $89,900 |
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May 8, '24 - May 14, '24 | $74,700 |
May 14, '24 - Today | $69,700 |
ADDITIONAL DETAILS | |
APPLIANCES | Dishwasher |
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AREA | 212 - Allen - Wayne |
BASEMENT | Yes |
BUYER'S BROKERAGE COMPENSATION | 2.5 |
CONSTRUCTION | Vinyl Siding |
GARAGE | Yes |
HEAT | Electric |
LOT | 3049 sq ft |
PARKING | Detached |
STORIES | 1.5 |
STYLE | Bungalow |
SUBDIVISION | Rockhill |
TAXES | 792 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2024 Metropolitan Indianapolis Board of REALTORS®
© 2024 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2024.