Located in a great community and college town, only 5 blocks from downtown and 30 minutes to Fort Wayne. This is a fully rehabbed 4-plex. Each unit has 1 bedroom and 1 bath. $1906 Monthly income - $419 for a 30 year mortgage at 6% - $75 in taxes - $400 for utilities - $286 for Property Management = EQUALS A POSITIVE CASH FLOW OF $726/MO!!!!!!! Property manager collects rent weekly, which provides 2 additional rent checks per year. Realtor and manager make this a great turn key property. 1031 exchange possible.
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