Property Listing No Longer Available for Sale

1212 Putnam, FORT WAYNE, IN

Others for Sale - $299,900 - 4,000 Sq. Ft. on 0.09 acres


Property Info

CIMLS#1032610
Location
  1212 Putnam
  FORT WAYNE IN 46808
UpdatedNovember 29th, 2018
TypeOthers
Price$299,900
Building4,000 Sq. Ft.
Land0.09 acres

Property Description

Amazing opportunity to own this eight unit all brick building. There are six one bed room apartments and two studio apartments. There is a laundry room facility that has a coin operated washer and dryer. Features a skylight in the foyer area all vinyl windows throughout and a black rubber roof. This property is currently rented by a local not for profit which pays the rent for six of the eight units guaranteed even if there is a tenant occupying a unit or not. This rental structure has been in place for over the last eleven years and there is no indication of any changes. This is perfect for the investor that wants to own a larger property and not have to deal with all of the tenant turnover and screening only thing that would need to be done is the maintenance. There are not may opportunities that buildings like this are for sale.


Financials


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