$209,900
For Sale

1001 Lincoln Avenue

Fort Wayne, IN 46807
2915 sqft | 3 beds | 3 baths | #202534325
Browse 29 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Discover an exceptional investment opportunity with this 1,848 sqft multifamily property, featuring a FULLY OCCUPIED TRIPLEX: a studio, a 1 bed/1 bath, and a 2 bed/1 bath. With a solid $2,300/month rental income already in place, this property delivers instant cashflow and long-term potential. With Unit 3 already billed through RUBS and the potential to implement RUBS across all units, investors can unlock even greater returns. Recently refreshed with new flooring and paint in the last 2 years. Ideally situated near Lutheran Park, Packard Park, and the Rivergreenway, and only 3 minutes from the thriving Electric Works development, tenants will love the convenience and lifestyle this location provides. For those seeking scale, this triplex can also be packaged with 939 Lincoln Ave, 228 W Leith St, and/or 1510 Taylor St for a rare multi-property opportunity in one of Fort Wayne’s most desirable rental markets.

  • Property Details
      • CountyAllen County
      • MLS #202534325
      • MLS #202534325
      • Property TypePurchase
      • Property SubtypeTriplex
      • Cost209900
      • Square Feet2915
      • Year Built1926
      • Bedrooms3
      • Bathrooms3

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
OR

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