613 Lavina Street Fort Wayne, IN 46802

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Fourplex • 81Y Old

$1,050,000

613 Lavina Street

5 Bedrooms
4 Bathrooms
2880 Sq Ft
Property Description

OPPORTUNITY OF A LIFETIME! THIS IS A PACKAGE DEAL THAT OFFERS A VERY UNIQUE OPPORTUNIY TO VALUEADD HALF A CITY BLOCK LITERALLY IN THE CORE OF DOWNTOWN This package consists of 7 Properties totaling 11 units/doors: (150,000 per property) (95,454 per door) A fourplex A renovated single family with a significant amount of improvements A Duplex in need of large renovations but over 2000 sq ft! 4 Single Families With the Potential to flip or BRRRR Attached to the listing MLS# 202114846 is a spreadsheet of our projections of what the ARV of the properties both for rent and sell in Y1, Y3, Y5. It is evident that the land alone holds so much value not only now but the real value is in the long term appreciation. Very relevant small city land comps have sold for 100k steps away from this package. Any renovations that you do will directly affect the sale value of your other properties on this street. Keep in mind these are sandwiched directly between the ball diamond and electric works. Renovation plans are available to a serious buyer. Sellers will consider separating properties and or smaller packages but price will increase. Properties included in package are as follows: 506 Lavina 517 Lavina 601 Lavina 602 Lavina 613 Lavina 619 Lavina 601 Brackenridge Additional MLS numbers: 202115181, 202115182, 202115183, 202115187, 202114846, 202115233, 202115236, 202115558

Directions

Jefferson to Van Buren to Lavina

Map to 613 Lavina Street, Fort Wayne, IN 46802

Property
MLS # 202114846
Status Active
Property Type Investment
Property SubType Fourplex
Square Feet 2880 Sq Ft
New Construction No
Style Two Story
Type Fourplex
Bedrooms 5
Bedrooms 4
Year Taxes Payable 2020
Year Built 1940
Virtual Tour propertypanorama.com »
Days on Market 8
External Features
Construction Fourplex
Lot Dimensions 40x136
Out Buildings 2nd Detached Garage
Fence None
Location
Area Allen County
County Allen
Subdivision G W Ewings
Township Wayne
City Fort Wayne
State IN
Zip 46802
Schools
School District Fort Wayne Community
Elementary Washington
Middle School Portage
High School Wayne
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202114846.
Listing Provided Courtesy of Jordan Wildman
Open Door Rentals and Real Estate

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated Friday, May 7th, 2021 at 3:45 AM EDT.

Learn More About 613 Lavina Street

Presented By
Sandi Davis Cather
Sandi Davis Cather
(260) 687-1800
Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Sandi Davis Cather about your request. Please see our Privacy Policy.