LEAN estates
MULTI-FAMILY REAL ESTATE INVESTMENTS

Deals

Properties available by LEAN estates and partners.

Deals Available 

3-UNIT TRIPLEX

3-UNIT TRIPLEX

80,000.00

1403 Spy Run Ave

Fort Wayne, IN 46805

sold out
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SUMMARY

 

Highlights

Collect $1,458/month OR MORE on this
3-Unit Property in Fort Wayne, IN!
**SELLER FINANCING**

  • Are you looking for real passive income?
  • Are you looking to multiply your returns in real estate?
  • Tired of competing over single family units?
  • For less than the price of many Single Family Homes, you can have 3 income-producing units!

PRICED TO MOVE QUICKLY:  $88K
Don’t miss out!

Investment Opportunity

  • Purchase Price: $80K

  • Building Class: C

  • Location Class: C

  • Occupancy: 100%

  • Market CAP Rate: 7%

  • Seller Financing Available

  • New Buyer will be assigned the contract to close

  • Price includes the assignment fee

 

 

Investment Benefits

  • Pro CAP Rate: 9.84%

  • Pro Cash Flow: $293 monthly

  • 1st Year Pro ROI: 19.47%

  • Occupancy: 100%

  • Stable Property

  • $6K repairs needed

  • Seller Financing Available

  • Great mix of two 1 bed/1 bath and one 3 bed/3 bath


 

Property Details

Terms: For Sale by Wholesaler
Property Type: Triplex

Price: $80,000
Address: 1403 Spy Run Ave
City: Fort Wayne
State: IN
Zip Code: 46805

 

This is an Off-Market Deal

For additional information and to request a LEAN Summary please submit below.

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