Fort Wayne, IN 46803 1821 E Pontiac Street
$525,000
15 more
Presented By: Noah DeVille with CENTURY 21 Bradley Realty, Inc; Cell: 260-243-1435
Beds • 8
Baths • 8
SQFT • 4,958
Home Details
This fully occupied 8-unit apartment complex in East Pontiac is a fantastic investment opportunity! Most units are leased to reliable tenants, ensuring consistent rental income. The owner covers water, sewage, and trash services, while tenants are responsible for their own electric and gas utilities, keeping overhead costs manageable. The property is well-maintained, with strong rental demand in the area. Located in East Pontiac, this complex offers easy access to local amenities and public transportation. Don't miss out on this turnkey investment with immediate cash flow! 2 units are currently rented out as Section-8.
Presented By: Noah DeVille with CENTURY 21 Bradley Realty, Inc; Cell: 260-243-1435
Interior Features for 1821 E Pontiac Street
Bedrooms
Num. of 1 Bedrooms8
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms1
Unit 5-# of Bedrooms1
Unit 6-# of Bedrooms1
Above Grade Bedrooms8
Beds8
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Unit 6-# of Bathrooms1
Below Grade Baths
Other Interior Features
Total Finished SqFt4958
Basement Y/NNo
Above Grade Finished SqFt4958
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementSlab
Basement MaterialPoured Concrete
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringCeramic Tile, Laminate, Mixed, Vinyl Tile
Microwaves
Ranges/Ovens8
Refrigerators8
Total Number of Units8
W/D Hookups
Washers
Other Rooms
Total Rooms Below Grade
General for 1821 E Pontiac Street
Age60
Agent First NameNoah
Agent Last NameDeVille
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense4400
Annual Trash Expense1920
AreaAllen County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms8
CityFort Wayne
ClassINVESTMENT
CoolingWindow
DOM81
Elementary SchoolLincoln
FIPS Code18003
FeaturesOff Street Parking, Cable Ready, Detector-Carbon Monoxide
Full Baths8
Half Baths
HeatingElectricity, Baseboard
High SchoolNorthrop
Legal DescriptionLOTS 1 & 2 PONTIAC PARK VIEW ADDITION
Lot Number0
Middle SchoolShawnee
Net Income57681.86
New ConstructionNo
OwnerPaysLawn Maintenance, Maintenance, Parking, Sewer, Trash Collection, Water
Pet Restrictions Y/NNo
REONo
Rent Income78300
School DistrictFort Wayne Community
SewerCity
StatusActive
StatusActive
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2024
Tenant PaysCooling, Electric, Heating
Total Sq Ft4958
TownshipWayne
TypeEightplex
Virtual TourClick here
Year Built1965
Exterior for 1821 E Pontiac Street
Approx. Lot Size Acres0.2
Electric Meters8
ExteriorBrick, Wood
Gas Meters8
Lot DescriptionCorner, Irregular, 0-2.9999
Lot Dimensions90 x 97
Lot Size Area8750
Number of Parking Spaces8
OutbuildingNone
PoolNo
Water Meters1
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Shawnee Middle School
High School
Northrop High School
Elementary School
Lincoln Elementary School
Terry L McCaleb
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