beds

baths

half baths

27,600

square ft

7109 Homestead Road

Fort Wayne, Indiana 46814

Closed / MLS #202248359 / Condo / Fort Wayne

Listing information updated 10/21/2023 at 8:43pm

ATTENTION INVESTORS! Here's an opportunity to build just what you want. Whether you are just starting out or want to add to your portfolio; we have a plan for you. The owner of the property specializes in Multi-family construction. They just completed a similar project and are ready to start this complex for you. This site consist of 1.92 acres and has an existing detention pond. In our opinion the best use for the site would be a 14 unit residential rental complex consisting of fourteen 1448 square foot 3 bedroom 2.5 bath townhouses. All units will have a 288 square foot one car attached garage. All units will also have electric heat and central air. The price stated is turnkey today but subject to change with the ever changing commodity prices. We anticipate about 6 months construction time after approvals and permits. We also anticipate gross monthly rents to be $28,000 per month once fully occupied. The owner is the exclusive builder. They are flexible and open to your ideas. This development is subject to obtaining necessary government approvals. Pictures are for reference only.

Full Features

Exterior Type:

Brick,Vinyl

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Electricity

Appliances:

Building, Land

Main Level Primary Bedroom:

Pool:

Age:

1 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Paved

Parking Spaces:

Water Front:

Square Feet:

27,600

Lot Size:

1.18

Acreage:

1.18

Internal Features:

Patio Open

External Features:

Patio Open

Taxes & Assessments

Tax Amount:

$30,000

Tax Year:

N/A

Location

Zip Code:

46814

City:

Fort Wayne

County:

Allen County

Schools

School District(s):

MSD of Southwest Allen Cnty

Elementary School:

Aboite

Middle School:

Summit

High School:

Homestead

Exterior Type:

Brick,Vinyl

Basement:

Slab

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Electricity

Appliances:

Building, Land

Main Level Primary Bedroom:

Pool:

Age:

1 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Paved

Parking Spaces:

Water Front:

Square Feet:

27,600

Lot Size:

1.18

Acreage:

1.18

Internal Features:

Patio Open

External Features:

Patio Open

Tax Amount:

$30,000

Tax Year:

N/A

Zip Code:

46814

City:

Fort Wayne

County:

Allen County

School District(s):

MSD of Southwest Allen Cnty

Elementary School:

Aboite

Middle School:

Summit

High School:

Homestead

Listing Agent: Mark Noneman

Listing Office: Noneman Realty

Listing Email: mark@marknoneman.com

Disclaimer: IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.