Description
Investment opportunity! This well-maintained duplex offers strong rental income and additional earning potential. The lower unit is currently rented for $1,025 per month, while the upper unit generates $800 per month. Tenants are responsible for utility overages exceeding $200, helping to offset operating costs. A detached garage is separately rented for $40 per month, providing extra monthly income. Situated on a large lot with an expansive side yard, the property offers plenty of outdoor space for recreation and summer activities. Conveniently located within walking distance of Ivan Lebamoff Reservoir Park and just minutes from downtown Fort Wayne's shopping, dining, and entertainment. Professional management is already in place and can remain for a seamless transition to the new owner. This is an excellent opportunity for both seasoned investors and those looking to add a turnkey income-producing property to their portfolio.
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3BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
School Information
Description
Investment opportunity! This well-maintained duplex offers strong rental income and additional earning potential. The lower unit is currently rented for $1,025 per month, while the upper unit generates $800 per month. Tenants are responsible for utility overages exceeding $200, helping to offset operating costs. A detached garage is separately rented for $40 per month, providing extra monthly income. Situated on a large lot with an expansive side yard, the property offers plenty of outdoor space for recreation and summer activities. Conveniently located within walking distance of Ivan Lebamoff Reservoir Park and just minutes from downtown Fort Wayne's shopping, dining, and entertainment. Professional management is already in place and can remain for a seamless transition to the new owner. This is an excellent opportunity for both seasoned investors and those looking to add a turnkey income-producing property to their portfolio.
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