Duplex for sale by owner in Fort Wayne, IN 46805. ATTENTION INVESTORS !!1216-1218 Duplex on Lake Ave that generates 970.00 per mo Income for sale for $69,900!! Apartment down stairs has Two bedrooms, 1 bath,living room,dining room, Kitchen,laundry hook up,Furnace about three yrs old, basement,Deck out front,Deck out back, fenced in back yard. Apartment upstairs is a one bedroom , kitchen living room 1 bath. Here's the best part with as little as 3.5% down PITI total your payment would be right at $500 a month used current 4.70% rate, that's a positive cash flow of $470.00 per month or $5640.00 per year!! The upstairs rent would almost pay the entire mortgage leaving you a nice monthly cash flow !!!
Off market
$209,500
1218 Lake Ave, Fort Wayne, IN 46805
3beds
2baths
1,600sqft
MultiFamily
Built in ----
-- sqft lot
$209,500 Zestimate®
$131/sqft
$-- HOA
What's special
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$209,500
2% more+ $4,190
With Zillow Showcase(estimated)
$213,690