Fort Wayne, IN 46805-6331,1106 Columbia Avenue
Fort Wayne, IN 46805-6331,1106 Columbia Avenue
Fort Wayne, IN 46805-6331,1106 Columbia Avenue
Fort Wayne, IN 46805-6331,1106 Columbia Avenue
Fort Wayne, IN 46805-6331,1106 Columbia Avenue
Fort Wayne, IN 46805-6331,1106 Columbia Avenue
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$285,000

$300,000

5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

4 Baths

1,700 SqFt


SOLD DATE : 04/25/2024

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,700 sqft

Subdivision Lake Side / Lakeside

MLS Listing ID 202401529

Sold Date 04/25/24

Style One and Half Story

Bedrooms 5

Full Baths 4

Abv Grd Liv Area 1,700

Total Fin. Sqft 1700

Year Built 1976

Annual Tax Amount $699

Tax Year 2023

Lot Size 6,969 Sqft

Property Sub-Type Fourplex

Property Description

Four-Plex Investment Opportunity in Fort Wayne! Discover the epitome of hassle-free real estate investment with this unique four-plex property nestled in the heart of Fort Wayne. Boasting a lucrative portfolio of short-term and mid-term rentals exclusively on Airbnb, this income-generating gem offers a turnkey solution for savvy investors. Limited Showings - Let the Photos Speak: Due to the continuous stream of bookings, showings are limited. Please rely on photos and Airbnb listings for interior views. Strategic Booking Window for Showings: While all four units enjoy high demand, we understand the importance of on-site viewings. Select days between reservations are available for showings. For detailed availability, please inquire, and we'll gladly accommodate your schedule. Diverse Living Spaces: Experience variety with two studio apartments, a one-bedroom retreat, and a spacious two-bedroom haven. The rental history reflects an impressive monthly average of $700-$916 per door over the last 12 months, after management and cleaning fees. Upgraded Features and Smart Technology: This property is not just about aesthetics; it's about smart living. A new roof (2022), fresh gutters (2023), and the removal of a second-story porch enhance both functionality and curb appeal. Embrace modern living with a smart thermostat and three temperature sensors, ensuring optimal comfort in every unit. Fully Furnished - From Essentials to Extras: Invest with confidence in this turnkey property where each unit is fully furnished, right down to the salt and pepper shakers. The price reflects an As-Is turnkey income property, inclusive of furniture and appliances. The current management is ready to seamlessly continue operations if desired. Prime Location for Enjoyment and Convenience: Situated between the River Greenway, Wells Street Corridor, and downtown, this property is a haven for both tenants and guests. Take advantage of the miles of nearby trail systems, perfect for biking enthusiasts. Abundant off-street parking ensures hassle-free experiences for all. Flexible Investment - Regular Rental or Airbnb Delight: Explore the flexibility of this investment. The property can easily be converted back to regular annual rentals by removing furniture, etc.

Location

State IN

County Allen County

Area Allen County

Direction From downtown, take Columbia Ave to the property.

Rooms

Dining Room 0

Interior

Flooring Mixed

Appliance Building, Land

Laundry , 4

Exterior

Garage Spaces 1.0

Amenities Available Basement, Ceiling Fan, Off Street Parking

Total Parking Spaces 4

Building

Lot Description Level

Story 2

Structure Type Other

New Construction No

Schools

Elementary Schools Forest Park

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086

Our team is ready to help you sell your home for the highest possible price ASAP


Indiana Regional MLS (IRMLS)
Listed by Heather Nave • Coldwell Banker Real Estate Group • Cell: 260-610-4418
Bought with Lyla Moody • American Dream Team Real Estate Brokers

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agent
Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

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