Description
OPEN HOUSE SUN June 7th 1-4pm. An Amazing Opportunity to own a piece of history that is a fantastic TURN KEY investment providing an excellent return on investment. This 3918 Sq. Ft. home features 3 Short Term Rental Units that have consistently received 5 star reviews from Airbnb guests. The main level and upper unit both feature 2 bedrooms, 1 Full bath and a large living area and dining room along with a nicely appointed Kitchen. The completely renovated lower level unit is a modern Studio Style unit with an open living concept and a Full Bath that belongs in a resort hotel! The entire home has been renovated and brought up to current living standards yet still maintains the character and old world charm that you don't see in newer "cookie cutter" home. Some of the updates include: New sewer and water lines, wood trim, basement water proofing and foundation stabilization, refinished doors, new main floor kitchen, flooring updates, appliances, plumbing, electrical, front patio, fence, sump pump with back up, garage door and more. This property has excellent occupancy rates, guest reviews and tremendous upside to grow. Income and expenses listed are based on 2025 year end. 2026 trends and projections are available and NOI is projected to 20-25% higher while operating expenses remain consistent year over year. This home is close to Purdue Fort Wayne, the Memorial Coliseum, Parkview Hospital and Downtown Fort Wayne. This home has great potential for being a Single Family or Multi-generational home as well. Come explore the possibilities. Virtual walk through can be seen here: https://my.matterport.com/show/?m=tz4Gvr8BMzw&brand=0&mls=1&
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4BEDS
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0.25ACRES
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3BATHS
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01/2 BATHS
School Information
Description
OPEN HOUSE SUN June 7th 1-4pm. An Amazing Opportunity to own a piece of history that is a fantastic TURN KEY investment providing an excellent return on investment. This 3918 Sq. Ft. home features 3 Short Term Rental Units that have consistently received 5 star reviews from Airbnb guests. The main level and upper unit both feature 2 bedrooms, 1 Full bath and a large living area and dining room along with a nicely appointed Kitchen. The completely renovated lower level unit is a modern Studio Style unit with an open living concept and a Full Bath that belongs in a resort hotel! The entire home has been renovated and brought up to current living standards yet still maintains the character and old world charm that you don't see in newer "cookie cutter" home. Some of the updates include: New sewer and water lines, wood trim, basement water proofing and foundation stabilization, refinished doors, new main floor kitchen, flooring updates, appliances, plumbing, electrical, front patio, fence, sump pump with back up, garage door and more. This property has excellent occupancy rates, guest reviews and tremendous upside to grow. Income and expenses listed are based on 2025 year end. 2026 trends and projections are available and NOI is projected to 20-25% higher while operating expenses remain consistent year over year. This home is close to Purdue Fort Wayne, the Memorial Coliseum, Parkview Hospital and Downtown Fort Wayne. This home has great potential for being a Single Family or Multi-generational home as well. Come explore the possibilities. Virtual walk through can be seen here: https://my.matterport.com/show/?m=tz4Gvr8BMzw&brand=0&mls=1&
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