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Est. payment /mo
Active
542 Pierce Avenue Fort Wayne, IN 46807
4 Beds
2 Baths
7,200 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Walnut Place Add
MLS Listing ID 842990
Bedrooms 4
Full Baths 2
Year Built 1940
Annual Tax Amount $3,470
Tax Year 2025
Lot Size 7,200 Sqft
Property Sub-Type Duplex
Property Description
TURNKEY INVESTMENT OPPORTUNITY! THIS RECENTLY RENOVATED DUPLEX FEATURES TWO 2-BEDROOM UNITS (540 & 542 PIERCE), BOTH CURRENTLY RENTED AND GENERATING IMMEDIATE INCOME. RECENT IMPROVEMENTS INCLUDE A NEW ROOF, NEW CENTRAL AIR, FORCED-AIR HEATING, UPDATED HOT WATER SYSTEMS, LUXURY VINYL FLOORING, STAINLESS STEEL REFRIGERATOR AND RANGE, AND NEW BATHROOM VANITIES. EACH UNIT ALSO OFFERS HARDWOOD FLOORS, A SPACIOUS LIVING AREA WITH AN ADJOINING DINING SPACE, AND A LARGE BACKYARD FOR TENANT ENJOYMENT. WHETHER YOU'RE ADDING TO AN ESTABLISHED PORTFOLIO OR PURCHASING YOUR FIRST INVESTMENT PROPERTY, THIS FULLY LEASED DUPLEX OFFERS A STRONG INCOME-PRODUCING OPPORTUNITY WITH MANY MAJOR UPDATES ALREADY COMPLETE.
Location
State IN
County Allen
Interior
Interior Features Granite Counters, Recessed Lighting
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Range, Freezer
Exterior
Garage Spaces 2.0
Roof Type Shingle
Building
Lot Description Back Yard, Few Trees
Others
Acceptable Financing Cash, FHA, Conventional
Listing Terms Cash, FHA, Conventional
Listed by Compass Indiana, LLC