1821 Pontiac, Fort Wayne, IN 46803-3643 - Myers Trust

1821 Pontiac, Fort Wayne, IN 46803-3643

Overview

MLS ID: #202432560
Price: $ 625,000
Sq Ft: 4,958
Finished Sq Ft: 4,958
Lot Size: 0.20 Acres
Year Built: 1965
Bedrooms: 8
Full Bathrooms: 8
Half Bathrooms:
Taxes: $ 0
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This fully occupied 8-unit apartment complex in East Pontiac is a fantastic investment opportunity! Most units are leased to reliable tenants, ensuring consistent rental income. The owner covers water, sewage, and trash services, while tenants are responsible for their own electric and gas utilities, keeping overhead costs manageable. The property is well-maintained, with strong rental demand in the area. Located in East Pontiac, this complex offers easy access to local amenities and public transportation. Don’t miss out on this turnkey investment with immediate cash flow!

MLS ID: 202432560

Details

# of Units 8
Price Per Unit 78,125
Above Grade Finished SF 4,958
Above Grade Unfinished SF 1
Combined Finished SF 4,958
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 4,958
Lot Dimensions 90 x 97
Approx Lot Size SqFt 8,750
Approx Lot Size Acres 0.20
Garage SF 4,800
Garage # of Cars 1
Water Front No
Style Two Story
New Construction No
Elementary School Lincoln
Middle School Shawnee
Senior Northrop
District Fort Wayne Community
# Bedrooms 8
# of Full Baths 8
# of Half Baths 0
Kitchen 800 x 850
Family Room 850 x 800
Bedroom 4 8 x 8
Bedroom 5 8 x 8
Laundry Room 8 x
Other Room 2 1 x 6600
Other Room 3 1 x
Annual Gross Rent Income $79,200.00
Annual Sewer Expense $4,800.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $1,920.00
Annual Property Tax $4,698.14

Map

Listing Office: Limitless Group

Listing Agent: Noah DeVille

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.