Investor opportunity in the heart of Fort Wayne's desirable 46807 district! This well-maintained 3-bedroom, 1-bath two-story home offers immediate cash flow with a tenant already in place through March 2027 at $1,600 per month, creating a turnkey investment with stable income from day one.Located just minutes from Electric Works, downtown… Read More Fort Wayne, restaurants, entertainment, parks, and major employment centers, this property combines historic character with numerous updates completed during the current ownership period. Improvements include a remodeled kitchen with updated cabinetry and countertops, remodeled bathroom, updated flooring, refreshed interior and exterior finishes, and freshly painted front porch accents. Major mechanical updates include a new furnace and central air conditioning installed in 2022, with the HVAC system professionally serviced on June 19, 2026. Additional updates include a refrigerator and stove installed in 2022, along with a washer and dryer added in 2025.The property also benefits from a structural engineer assessment completed in 2022 regarding the basement, providing additional information and peace of mind for future ownership.The home offers approximately 1,408 square feet, spacious bedrooms, a dedicated dining room, basement storage, detached garage with alley access, a large covered front porch, and a generously sized lot. Investors will appreciate the opportunity to acquire a performing asset with an established tenant already in place, reducing vacancy concerns and providing predictable income from day one.Whether you're expanding your portfolio or seeking a well-maintained investment property in one of Fort Wayne's most active growth corridors, 1005 Cottage Avenue presents an excellent opportunity to secure a leased property with proven rental income and substantial recent improvements.Tenant occupied through March 2027. Lease available upon request. Minimum 24-hour notice required for all showings, and showings to only be on Tuesdays. Property is being sold AS-IS. Some photos have been digital staged for tenant privacy. Read Less
Courtesy of Edmond Jemison, CENTURY 21 Bradley Realty, Inc, Cell: 260-515-3438
Listing Snapshot
Days Online
8
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,936
Lot Size
0.13 Acres
Year Built
1906
MLS Number
202624367
30 Days Snapshot Of 46807
$183k
-5%
(avg) sold price
23
+43%
homes sold
27
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Cable Ready, Closet(s) Walk-in, Countertops-Laminate, Dryer Hook Up Electric, Patio Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
Basement
Yes, Partial Basement, Unfinished
Building
Above Grade Finished SqFt: 1,408, Age: 120, Below Grade Unfin. SqFt: 528, Style: Two Story, Total Below Grade SqFt: 528, Total Finished SqFt: 1,408, Total SqFt: 1,936, Built in 1906, Traditional, Foursquare
IDX information is provided exclusively for consumer 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.Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Listings last updated on ,
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