www.myindianahomes.com/homes/154092826
1821
E
Pontiac Street
Fort Wayne,
IN
46803
Elementary School:
Lincoln
School District:
Fort Wayne Community
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!
Exterior
BrickWood
Lot Description
CornerIrregular0-2.9999
Lot Dimensions
90 x 97
Outbuilding
None
Parking Spaces
8
Pool YN
No
Style
Two Story
Unit1 Garage Type
None
Unit2 Garage Type
None
Unit3 Garage Type
None
Unit4 Garage Type
None
Unit5 Garage Type
None
Unit6 Garage Type
None
Waterfront YN
No
Above Grade Bedrooms
8
Above Grade Finished Sqft
4958
Above Grade Unfin Sq Ft
0
Amenities
Off Street ParkingCable ReadyDetector-Carbon Monoxide
Basement Foundation
Slab
Basement Material
Poured Concrete
Basement YN
No
Below Grade Baths
0
Below Grade Bedrooms
0
Below Grade Finished Sqft
0
Below Grade Unfin Sq Ft
0
Cooling
Window
Dishwashers
0
Disposals
0
Dryers
0
Flooring
Ceramic TileLaminateMixedVinyl Tile
Heating Fuel
ElectricityBaseboard
Microwaves
0
Ranges Ovens
8
Refrigerators
8
Rooms Below Grade
0
Total Baths
8
Total Below Grade Sqft
0
Total Sq Ft
4958
Unit1 Basement YN
No
Unit1 Bathrooms
1
Unit1 Bedrooms
1
Unit2 Basement YN
No
Unit2 Bathrooms
1
Unit2 Bedrooms
1
Unit3 Basement YN
No
Unit3 Bathrooms
1
Unit3 Bedrooms
1
Unit4 Basement YN
No
Unit4 Bedrooms
1
Unit5 Basement YN
No
Unit5 Bedrooms
1
Unit6 Basement YN
No
Unit6 Bathrooms
1
Unit6 Bedrooms
1
Wash Dry Hookups
0
Washers
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Rent
79200
Annual Insurance Expense
0
Annual Maint Expense
4800
Annual Misc
0
Annual Net Income
62981.86
Annual Property Tax
4698.14
Annual Trash Expense
1920
Annual Water Sewer Exp
4800
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Efficiencies
0
Electric Meters
8
For Sale Or Rent
For Sale
Four Bedrooms
0
Gas Meters
8
Gross Monthly Income
6600
Gross Monthly Rent
6600
Lease Term
Month to Month1 Year
New Construction
No
One Bedrooms
8
Owner Pays
Lawn MaintenanceMaintenanceParkingSewerTrash CollectionWater
Owner Real Estate License YN
No
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Eightplex
Reo YN
No
Sale Includes
Building
Sewer
City
Tenant Pays
CoolingElectricHeating
Three Bedrooms
0
Township
Wayne
Two Bedrooms
0
Unit1 Unit Rent
850
Unit1- Currently Rntd Y / N
Yes
Unit1- Garage Y / N
No
Unit2 Unit Rent
850
Unit2- Currently Rntd Y / N
No
Unit2- Garage Y / N
No
Unit3 Unit Rent
800
Unit3- Currently Rntd Y / N
Yes
Unit3- Garage Y / N
No
Unit4 Unit Rent
800
Unit4- Currently Rntd Y / N
Yes
Unit4- Garage Y / N
No
Unit5 Unit Rent
850
Unit5- Currently Rntd Y / N
Yes
Unit5- Garage Y / N
No
Unit6 Unit Rent
850
Unit6- Currently Rntd Y / N
Yes
Unit6- Garage Y / N
No
Units Rented
7
Water Meters
1
Water Utility
City
Year Taxes Payable
2024
Listing provided by Noah Deville of Limitless Group: Cell: 260-243-1435.
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
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. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc..
© 2025 Indiana Regional MLS All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from IRMLS.
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. Information is deemed reliable but is not guaranteed accurate by the MLS or McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2025-01-20T16:29:10.727.
