Investor-Ready Multifamily Opportunity

3500 Warsaw Street, Fort Wayne, IN 46806

$1,700,000 Investment For Sale

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Sale Price
$1,700,000
Year Built
1965
Building Size
10,668 SF
Date Available
Immediate
Cap Rate
6.74%
Property Type
Investment

Highlights

Dependable cash flow with the potential for future revenue growth through allowable rent adjustments
Eight wood-frame residential buildings totaling approximately 10,668 square feet
Rent roll includes Section 8 tenants, providing stable, government-backed rental income
Adjacent from recently completed Neighborhood Health – Oxford

Overview

Sturges Property Group is pleased to present the opportunity to acquire a 20- unit multifamily investment property located at 3500 Warsaw Street in Fort Wayne, Indiana. The offering consists of eight buildings with twenty one-bedroom units and is currently 100% occupied. Rent roll includes Section 8 tenants, providing stable, government-backed rental income.

The property offers dependable cash flow with the potential for future revenue growth through allowable rent adjustments. With full occupancy, a uniform unit mix, and straightforward operations, this asset represents an attractive investment opportunity for buyers seeking stable multifamily performance and long-term income potential.

Broker's note: Do not visit the site or disturb tenants without prior approval. Contact Sturges Property Group for detailed financials.