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  • $285,000

    1106 Columbia Ave, Fort Wayne, IN 46805

    5beds
    1,700sqft
    Quadruplex
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Four-Plex Investment Opportunity in Fort Wayne! Discover the epitome of hassle-free real estate investment with this unique four-plex property nestled in the heart of Fort Wayne. Boasting a lucrative portfolio of short-term and mid-term rentals exclusively on Airbnb, this income-generating gem offers a turnkey solution for savvy investors. Limited Showings - Let the Photos Speak: Due to the continuous stream of bookings, showings are limited. Please rely on photos and Airbnb listings for interior views. Strategic Booking Window for Showings: While all four units enjoy high demand, we understand the importance of on-site viewings. Select days between reservations are available for showings. For detailed availability, please inquire, and we'll gladly accommodate your schedule. Diverse Living Spaces: Experience variety with two studio apartments, a one-bedroom retreat, and a spacious two-bedroom haven. The rental history reflects an impressive monthly average of $700-$916 per door over the last 12 months, after management and cleaning fees. Upgraded Features and Smart Technology: This property is not just about aesthetics; it's about smart living. A new roof (2022), fresh gutters (2023), and the removal of a second-story porch enhance both functionality and curb appeal. Embrace modern living with a smart thermostat and three temperature sensors, ensuring optimal comfort in every unit. Fully Furnished - From Essentials to Extras: Invest with confidence in this turnkey property where each unit is fully furnished, right down to the salt and pepper shakers. The price reflects an As-Is turnkey income property, inclusive of furniture and appliances. The current management is ready to seamlessly continue operations if desired. Prime Location for Enjoyment and Convenience: Situated between the River Greenway, Wells Street Corridor, and downtown, this property is a haven for both tenants and guests. Take advantage of the miles of nearby trail systems, perfect for biking enthusiasts. Abundant off-street parking ensures hassle-free experiences for all. Flexible Investment - Regular Rental or Airbnb Delight: Explore the flexibility of this investment. The property can easily be converted back to regular annual rentals by removing furniture, etc.

    Zillow last checked: 7 hours ago

    Listing updated: April 26, 2024 at 07:19am

    Listed by:

    Heather Nave Cell:260-610-4418,

    Coldwell Banker Real Estate Group

    Bought with:

    Lyla Moody, RB22000670

    American Dream Team Real Estate Brokers

    Source: IRMLS,MLS#: 202401529MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Cooling
    • None
    Features
    • Ceiling Fan(s)
    • Flooring: Mixed
    • Basement: Crawl Space,Partial
    Interior area
    • Total structure area: 3,024
    • Total interior livable area: 1,700 sqft
    • Finished area above ground: 1,700
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Off Street Parking
    Features
    • Levels: One and One Half
    • Stories: 2
    Lot
    • Size: 6,969 sqft
    • Dimensions: 45X150
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 021201251002.000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Other
    • Foundation: Basement
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Electric: Indiana Michigan Power
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Fort Wayne City Utilities
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Location
    • Region: Fort Wayne
    • Subdivision: Lake Side / Lakeside
    Services availability
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