2758 Abbott Street

Fort Wayne IN 46806

965 sq. ft.

7400 sq. ft.

Other

Currently for sale - view listing

Overview

RARE 2-FOR-1 OPPORTUNITY!!! Two homes on one parcel offering strong income potential with both units already tenant occupied. This is a great opportunity for an investor looking for immediate cash flow. Both homes feature completely separate utilities, including split water, making management simple and efficient. The front home is a newer 3-bedroom, 1-bath property built in 1998 on a slab foundation. It has been nicely updated throughout, featuring a modern kitchen with an island and new cabinetry, updated flooring, and a refreshed bathroom. This unit is currently rented for $1,195 per month. The rear home is a 1-bedroom, 1-bath unit that has also been updated on the interior. It features electric heat and a tankless water heater, with a tenant in place paying $595 per month. Combined, the property generates $1,790 per month in rental income. At the list price of $159,900, this presents a strong opportunity for immediate cash flow and a solid return for investors. Opportunities like this—with two separate units, strong rents, and utilities split—don’t come around often.

Features

3 bedrooms

1 bathroom

965 sq. ft. floor area

7400 sq. ft. lot size

Other

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