1426 High Street
$289,900
5
5
3,034
3,034
$96
Description
This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. Currently, the owner covers all utilities. However, the potential for increased income exists by implementing RUBS. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,050 per month....This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. Currently, the owner covers all utilities. However, the potential for increased income exists by implementing RUBS. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,050 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.
- Listed by Jordan Wildman • eXp Realty, LLC
Property Details for 1426 High Street
Style
Other
SubdivisionWayne Heights
WaterfrontNo
Water FeaturesNone
Pet RestrictionsNo
LISTING UPDATED: 12/03/2024 05:46 PM
Property Details for 1426 High Street
Status | Active |
---|---|
MLS # | 202425822 |
Days on Market | 163 |
Taxes | $3,912 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Fiveplex |
Year Built | 1900 |
Lot Size | 0.27 AC / 11,954 SF |
County | Allen County |
Building Information for 1426 High Street
Stories2Residences5Year Built1900Building Size-Lot Size0.27 AC / 11,954 SF
Property Information for 1426 High Street
Property History for 1426 High Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1426 High Street
Taxable ValueLand$17,000Additions$154,100Total$171,100
Tax Record2023$3,912 ($326 / month)
Home Facts
Baths3Total Finished SqFt3,034 SqFtAbove Grade Finished SqFt3,034 SqFtStories2Lot Size11,954 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900CountyALLENAPN02-12-03-252-022.000-074
Schools near 1426 High Street
This home is within Fort Wayne Community Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicPK to 5 | ||
Portage Middle School Public6 to 8 | ||
Wayne High School Public9 to 12 | ||
Fort Wayne Virtual Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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