Fort Wayne, IN 46808,1212 Putnam Street

$260,000

Est. payment /mo

$299,900

13.3%
Est.Price: ?

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1212 Putnam Street Fort Wayne, IN 46808

8 Beds

8 Baths

4,000 SqFt

SOLD DATE : 03/25/2019

Key Details

Sold Price $260,000

Property Type Multi-Family

Sub Type Eightplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Subdivision Schenkels

MLS Listing ID 201851539

Sold Date 03/25/19

Style Two Story

Bedrooms 8

Full Baths 8

Abv Grd Liv Area 4,000

Total Fin. Sqft 4000

Year Built 1930

Tax Year 2018

Lot Size 3,998 Sqft

Property Sub-Type Eightplex

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.

Location

State IN

Area Allen County

Direction Sherman Blvd. to Putnam St.

Rooms

Dining Room 0

Interior

Flooring Mixed

Appliance Building, Land

Laundry , 0

Exterior

Amenities Available Basement

Building

Lot Description Level

Story 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Price

Middle Schools Northwood

High Schools North Side

School District Fort Wayne Community

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Indiana Regional MLS (IRMLS)
Listed by Andrew Kershner • American Dream Team Real Estate Brokers
Bought with Andrew Kershner • CENTURY 21 Bradley Realty, Inc
agent

Carole King

Broker Associate

+1(765) 427-0641

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