2120 Broadway Ave Fort Wayne, IN 46802
- Specialty properties
- 1,325 SF
- 0.17 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 2120 Broadway Ave
- Lot size
- 0.17 lot acres
- Property size
- 1,325 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1526
- Latitude
- 41.0656
