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
$189,400
1218 Lake Ave, Fort Wayne, IN 46805
3beds
2baths
1,600sqft
MultiFamily
Built in ----
-- sqft lot
$189,400 Zestimate®
$118/sqft
$1,379 Estimated rent
Owner options
What's special
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$189,400
2% more+$3,788
With Zillow Showcase(estimated)$193,188