2120 Broadway AveFort Wayne, IN 46802

For Sale
$164,900

High-yield income property, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 0.17-acre commercial land parcel at 2120 Broadway Avenue in Fort Wayne, Indiana, 46802. The property encompasses 1,325 square feet and is zoned C3. Currently improved with a three-unit triplex, each unit is a one-bedroom apartment, all currently tenant-occupied, generating a monthly income of $1,855. This translates to a strong immediate return on investment for the buyer. The property's location offers convenient proximity to Electric Works. The seller covers utilities and lawn maintenance. Note that this property can be purchased individually or as part of a larger package including adjacent properties at 2128, 2130, and 2205 Broadway Avenue. This presents a unique chance to acquire a valuable asset in a thriving area with significant potential for future growth and development. The asking price for this income-producing property is $164,900. Detailed financial records are available upon request. This is a rare opportunity to acquire a high-yield investment property in a desirable Fort Wayne location.

Highlights

  • $164,900 asking price.
  • 0.17-acre lot.
  • 1,325 square feet.
  • Special purpose commercial land.
  • Located at 2120 Broadway Avenue, Fort Wayne, IN 46802.

Property Details for 2120 Broadway Ave

Property type
Other specialty properties, Other land
Square Feet
1,325 SF
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0656144
Longitude
-85.1526413
2120 Broadway Ave, Fort Wayne, Indiana

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2120 Broadway Ave
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