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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

    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 !!!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 1,600 sqft

    Construction

    Type & style
    • Home type: MultiFamily

    Community & neighborhood

    Location
    • Region: Fort Wayne
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $209,500
    2% more+ $4,190
    With Zillow Showcase(estimated)
    $213,690