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$160,000 (Sold)

3004 Adams Street Fort Wayne, IN 46806-3907

  • 6 Beds
  • 6 Baths
  • 988 sq. Ft
Property Description
Cash flow opportunity offering 3 PURPOSE BUILT DUPLEXES in one deal for less than 200k!!! These duplexes have all utilities separately metered and paid or reimbursed by the tenants. The property grosses $2,485/mo in gross rent which is well over the 1% rule. Your only expenses are lawncare, taxes, property management, and insurance. The current owner transformed and stabilized these 6 units over the last 8 months. Completed 3 comprehensive rehabs, turned-over 5 tenants from the previous owner that were either delinquent on payments or under-rented. Recent upgrades include NEW siding on two of the duplexes, 4 renovated units in the last year or so. Don't wait to start investing! Professional management in place and this can continue.
Address:3004 Adams Street Fort Wayne IN 46806-3907
Status:Sold
Sold On: 5/28/2021
Price:$169,900
Bedrooms:6 Beds
Bathrooms:6 Full Baths
Sq. Feet:988
Year Built:1940
Lot Size:0.14
County: Allen County
Township: Wayne
School System : Fort Wayne Community
MLS #:202117498
Property Type:Site-Built Home

Lot Dimensions:64x95
Lot Description:Level
Directions:From S Anthony and Pontiac head east - at round about go south on Adams.
Total Sq. Ft. :988
Basement:No
Loan Price
$991
Price And Interest $835/month
Property Tax $89/month
MTG INS $0/month
HOME INS $67/month
Price
$160,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$89/month
Home Owner Insurance
$804 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
Master Bedroom 12 x 10 Main
2nd Bedroom 12 x 10 Main
3rd Bedroom 12 x 10 Main
4th Bedroom 12 x 10 Main
5th Bedroom 12 x 10 Main
Annual Property Tax:$534
Tax Year:2020
Subdivision: None
Zip Code:46806-3907
School System:Fort Wayne Community
High School:Snider
Middle School:Memorial Park
Elementary School:Adams
Total Sq. Ft.:988
Exterior Features:Vinyl
Fuel:Gas, Forced Air
Cool:Window
Heat:Gas, Forced Air
Total Rooms:24
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®
Active
3004  AdamsStreet Fort Wayne, IN 46806-3907

2758 Abbott Street

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$89,900

Pending
3004  AdamsStreet Fort Wayne, IN 46806-3907

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3004  AdamsStreet Fort Wayne, IN 46806-3907

1712 Colerick Street

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Pending
3004  AdamsStreet Fort Wayne, IN 46806-3907

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3004  AdamsStreet Fort Wayne, IN 46806-3907

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Pending
3004  AdamsStreet Fort Wayne, IN 46806-3907

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3004  AdamsStreet Fort Wayne, IN 46806-3907

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Pending
3004  AdamsStreet Fort Wayne, IN 46806-3907

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3004  AdamsStreet Fort Wayne, IN 46806-3907

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3004  AdamsStreet Fort Wayne, IN 46806-3907

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Pending
3004  AdamsStreet Fort Wayne, IN 46806-3907

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Active
3004  AdamsStreet Fort Wayne, IN 46806-3907

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Listing provided courtesy of Open Door Rentals and Real Estate.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.