3506 Eastwood Drive, Fort Wayne, IN 46805

$130,000 Asking Price

4 beds
2 baths
1,389  sqft
Built in 1958

Calling all savvy investors, DIY enthusiasts, and homeowners with a vision for greatness! Welcome to 3506 Eastwood Drive, where potential meets possibility, and sweat equity paves the way to prosperity. Priced attractively below market value at $130,000, this diamond in the rough promises a lucrative return on investment with an estimated After Repair Value (ARV) of $180,000 or more. With ample room for profit margins, this property is a prime candidate for those looking to expand their real estate portfolio or create their dream home. Boasting 2 expansive living areas, 4 bedrooms, and 1.5 bathrooms, this residence offers the perfect canvas for customization. The attached one-car garage provides added convenience, while the relocation of the laundry to the primary bedroom closet opens up possibilities for enhanced functionality, including the addition of a dishwasher in the kitchen. The primary bedroom also features a convenient half bath, enhancing the appeal of this space. Outside, a spacious, level lot awaits, providing endless opportunities for outdoor enjoyment and entertainment. While the above-ground pool and deck depicted in the photos will be removed prior to sale, the potential for outdoor oasis remains palpable. Key updates that this home needs include: roof, central AC, and cosmetic updating to suit personal taste. Don't miss your chance to turn this fixer-upper into a lucrative investment or your forever home. Seize the opportunity today and embark on your journey to wealth building and homeownership success!

Features & Amenities

Interior

Basement:
Slab
A/C:
Wall AC
Heating:
Gas,Forced Air
Fireplace:
None

Exterior

General:
Aluminum
Style:
Ranch

Construction

General:
One Story, Slab

Location

HOA Amenities:
Not Applicable
School District:
Fort Wayne Community

Lot

Zoning:
R1, Hazelwood Lot 17, 02-08-29-355-013.000-072

Utilities

Water:
City

This listing courtesy of:
Coldwell Banker Real Estate Group, Sam Hartman

About Fort Wayne, IN

Housing

Number of Units
142,836
Median Home Value
$147,762
Median Rent
$661

34.37% of housing units are renter occupied.

6.89% are vacant.

Commute

Car
80.41%
Public Transportation
0.72%
Walk to Work
1.17%
Work from Home
16.94%
Other
0.49%

The median travel time to work is 19 minutes.

People

Population
331,928
Median Age
36.30
Median Household Size
2.65

Education

High School
26.32%
Associate’s Degree
10.91%
Bachelor’s Degree
20.25%
Graduate Degree
10.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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