About 1001 Lincoln Avenue
Discover an exceptional investment opportunity with this 1,848 sqft multifamily property, featuring a FULLY OCCUPIED TRIPLEX: a studio, a 1 bed/1 bath, and a 2 bed/1 bath. With a solid $2,300/month rental income already in place, this property delivers instant cashflow and long-term potential. With Unit 3 already billed through RUBS and the potential to implement RUBS across all units, investors can unlock even greater returns. Recently refreshed with new flooring and paint in the last 2 years. Ideally situated near Lutheran Park, Packard Park, and the Rivergreenway, and only 3 minutes from the thriving Electric Works development, tenants will love the convenience and lifestyle this location provides. For those seeking scale, this triplex can also be packaged with 939 Lincoln Ave, 228 W Leith St, and/or 1510 Taylor St for a rare multi-property opportunity in one of Fort Wayne’s most desirable rental markets.
Features of 1001 Lincoln Avenue
| MLS® # | 202534325 |
|---|---|
| Price | $204,900 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,848 |
| Acres | 0.05 |
| Year Built | 1926 |
| Type | Multifamily |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1001 Lincoln Avenue |
|---|---|
| Subdivision | Brandriff & Miners |
| City | Fort Wayne |
| County | Allen County |
| State | IN |
| Zip Code | 46807 |
Amenities
| Features | Ceiling Fan, Detector-Smoke, Porch Covered |
|---|---|
| Parking | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Parquet, Tile |
|---|---|
| Heating | Gas, Hot Water |
| Cooling | None |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Partial Basement, Unfinished |
Exterior
| Exterior | Brick, Wood |
|---|---|
| Lot Description | Level |
| Roof | Asphalt, Flat, Shingle |
| Construction | No |
School Information
| District | Fort Wayne Community |
|---|---|
| Elementary | South Wayne |
| Middle | Portage |
| High | South Side |
Additional Information
| Days on Market | 48 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Jordan Wildman |
|---|---|
| Office | eXp Realty, LLC |
| Contact Info | Home: 260-498-0384 |