About 721 Putnam Street
Investment opportunity just moments from downtown Fort Wayne. This fully occupied duplex features two separate 2-bedroom, 1-bath units, both currently rented with established long-term tenants, offering immediate rental income from day one. The property also includes convenient off-street parking. The first-floor unit features furnace heat and window air conditioning, while the second-floor unit offers baseboard heat and window air conditioning. Located near downtown amenities and an area seeing continued investment and expansion around the Rivergreenway, this property offers convenient access to recreation, employment, shopping, dining, and entertainment. With rental numbers that well exceed the 1% rule, this duplex presents an attractive opportunity for investors looking to add a solid cash-flowing property to their portfolio.
Features of 721 Putnam Street
| MLS® # | 202632650 |
|---|---|
| Price | $150,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,812 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Multifamily |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 721 Putnam Street |
|---|---|
| Subdivision | None |
| City | Fort Wayne |
| County | Allen County |
| State | IN |
| Zip Code | 46808 |
Amenities
| Features | Basement, Off Street Parking, Attic Storage |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate |
|---|---|
| Heating | Electricity, Gas |
| Cooling | Window |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Crawl, Full Basement, Unfinished |
Exterior
| Exterior | Wood |
|---|---|
| Lot Description | Level |
| Construction | No |
School Information
| District | Fort Wayne Community |
|---|---|
| Elementary | Bloomingdale |
| Middle | Lakeside |
| High | North Side |
Additional Information
| Days on Market | 22 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Tyler Dohner |
|---|---|
| Office | CENTURY 21 Bradley Realty, Inc |
| Contact Info | Cell: 260-246-1298 |