NEWLY LISTED
SWIPE FOR MORE IMAGES
$164,900 USD
1005 Cottage Avenue
Fort Wayne, Indiana 46807
USA
Fort Wayne, Indiana 46807
USA
130.803 m2 ::
1,408 sqft
3 bedrooms
1 full bath
Residential For Sale, Single Family Detached
Land size: 0.053 ha ::
0.13 acres
Sale price per sqm: 1,260.63
Tax: 1,769.44 USD
Remarks:
Investor opportunity in the heart of Fort Wayne's desirable 46807 district (TENANT ALREADY IN PLACE) ! This well-maintained 3-bedroom, 1-bath two-story home offers immediate cash flow with a tenant already in place through March 2027 at $1,600 per month, creating a turnkey investment with stable income from day one.Located just minutes from Electric Works, downtown Fort Wayne, restaurants, entertainment, parks, and major employment centers, this property combines historic character with numerous updates completed during the current ownership period. Improvements include a remodeled kitchen with updated cabinetry and countertops, remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical updates include a new furnace and central air conditioning installed in 2022, with the HVAC system professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022, along with a washer and dryer added in 2025.The property also benefits from a structural engineer assessment completed in 2022 regarding the basement, providing additional information and peace of mind for future ownership.The home offers approximately 1,408 square feet, spacious bedrooms, a dedicated dining room, basement storage, detached garage with alley access, a large covered front porch, and a generously sized lot. Investors will appreciate the opportunity to acquire a performing asset with an established tenant already in place, reducing vacancy concerns and providing predictable income from day one.Whether you're expanding your portfolio or seeking a well-maintained investment property in one of Fort Wayne's most active growth corridors, 1005 Cottage Avenue presents an excellent opportunity to secure a leased property with proven rental income and substantial recent improvements.Tenant occupied through March 2027. Lease available upon request. Minimum 24-hour notice required for all showings, and showings to only be on Tuesdays. Property is being sold AS-IS. Some photos have been digital staged for tenant privacy.
Features:
- Year Built: 1906
- Exterior Description: Wood Siding
- Kitchen Description: Island
- Property Features: Patio
- Outdoor Space Description: Patio
- Interior Description: Walkin Closets
- Floors: Wall to wall carpeting, Laminate
- Utilities: City Water, City sewer, Public Sewer
- Cooling System: Central AC
- Lot Description: Wooded, Level
- Basement and Foundation: Unfinished, Basement - Partial
- Roofing: Shingle-Asphalt
- Fencing: Metal Fence
- Garage Spaces: 1
- Garage Description: Detached garage
Location:
1005 Cottage Avenue, Fort Wayne, Indiana 46807, USA
Listed By CENTURY 21 Bradley Realty, Inc.
The Residential For Sale, Single Family Detached located at 1005 Cottage Avenue, Fort Wayne, Indiana 46807, USA is currently for sale. 1005 Cottage Avenue, Fort Wayne, Indiana 46807, USA is listed for $164,900 USD. This property has 3 bedrooms, 1 full bath and 1,408 sqft. If the property located at 1005 Cottage Avenue, Fort Wayne, Indiana 46807, USA isn't what you're looking for, search Indiana Real Estate to see other Homes For Sale in Fort Wayne.
