$274,900 Price Analysis    ♡   Fort Wayne, IN 46802 5 bed 5 bath 3,188 SqFt ($86/SqFt) 5,663SqFt lot. Built 1920 Listed 2024-01-12, Taxes $2,293 | Ⓧ USDA Ineligible due to location near Fort Wayne |
Seller will entertain land contract offers with sizeable down payment Cash flowing five-plex within walking distance to Electric Works.
The front two units were converted to one big office space that is currently owner occupied (could be converted back) 3 Units currently tenant ccupied at $1750/ M, investors will see immediate ROI.
Ow ner pays utilities and lawn care. Zoned C2. This property can be purchased individually or part of package with 2120 Broadway (3 plex), 2128 Broadway (Commercial warehouse), 2130 Broadway (6 unit). Opportunity and potential awaits.
Presented by Brandon Stone at
CENTURY 21 Bradley Realty, Inc.
Property MLS #202401262 from IRMLS
Bedrooms: 5
Total Bathrooms: 5 / 0
Full Bathrooms: 5
Full Bathrooms: 5
Cooling Features: Window
Fuel Expense: 1000
Heating Features: Forced Air
Fuel Expense: 1000
Heating Features: Forced Air
Furnished Description: Building, Land
Flooring: Carpet, Wood, Tile, Vinyl
Flooring: Carpet, Wood, Tile, Vinyl
Basement Description: Unfinished
Lot Description: Planned Unit Development
Lot Size Acres: 0.1300046
Lot Size Dimensions: 50x117
Lot Size Square Feet: 5663
Lot Size Acres: 0.1300046
Lot Size Dimensions: 50x117
Lot Size Square Feet: 5663
Garage Spaces: 5
Garage Description: Off Street
Garage Description: Off Street
Elementary School: Fairfield
High School: Wayne
Middle School: Kekionga
School District: Fort Wayne Community
High School: Wayne
Middle School: Kekionga
School District: Fort Wayne Community
Fairfield Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions
Map directionsSouth Side High School is a public high school located approximately 1.2 miles away.
Map directions
Map directionsKekionga Middle School is a public middle school located approximately 1.9 miles away.
Map directions
Map directionsSummit Christian School is a private elementary, middle and high school located approximately 0.1 miles away.
Map directions
Map directionsNumber of Units: 5
Number of Studio Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Unit 3 Total Actual Rent: 650
Unit 4 Total Actual Rent: 550
Unit 5 Total Actual Rent: 550
Number of Studio Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Unit 3 Total Actual Rent: 650
Unit 4 Total Actual Rent: 550
Unit 5 Total Actual Rent: 550
Income Includes: 21000
Lease Term: Month to Month
Lease Term: Month to Month
Maintenance Expense: 500
Community Features: Countertops-Laminate, Porch Covered
Annual Tax Amount: 3438.68
Source Listing Status: Active
County: Allen County
Directions: Broadway, south of downtown. Home is on the left
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 1000
Source Neighborhood: Fox(s)
Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water
Parcel Number: 02-12-11-309-001.000-074
Property Location: City/Town/Suburb
Subdivision: Fox(s)
Township: Wayne
Source System Name: C2C
Source Listing Status: Active
County: Allen County
Directions: Broadway, south of downtown. Home is on the left
Tax Year: 2024
Source Property Type: INVESTMENT
Insurance Expense: 1000
Source Neighborhood: Fox(s)
Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water
Parcel Number: 02-12-11-309-001.000-074
Property Location: City/Town/Suburb
Subdivision: Fox(s)
Township: Wayne
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $178,200 + $5,200 $183,400 | $2,293 |
| 2021 | $98,400 + $4,000 $102,400 | $2,293 |
| 2020 | $122,200 + $5,200 $127,400 | $4,013 |
| 2019 | $7,200 + $5,200 $12,400 | $2,774 |
| 2018 | $6,000 + $5,200 $11,200 | $271 |
| 2017 | $32,300 + $6,000 $38,300 | $247 |
| 2016 | $32,300 + $6,000 $38,300 | $834 |
| 2015 | $32,300 + $6,000 $38,300 | $801 |
| 2013 | $13,800 + $6,000 $19,800 | $689 |
| 2012 | $13,800 + $6,000 $19,800 | $410 |
| 2011 | $13,800 + $6,000 $19,800 | $396 |
| 2010 | $13,800 + $6,000 $19,800 | $396 |
| 2009 | $13,800 + $6,000 $19,800 | $907 |
Listed 2024-01-12
$274,900
IRMLS
Listing removed 2019-03-12
$0
IRMLS
Listing removed 2019-03-06
$0
IRMLS
Relisted 2019-03-05
$99,000
IRMLS
Listing removed 2019-01-14
$0
IRMLS
Relisted 2019-01-12
$99,000
IRMLS
Listing removed 2019-01-10
$0
IRMLS
Listed 2019-01-09
$99,000
IRMLS
Sold 2019-01-08
$69,220
IRMLS
Listed 2018-12-09
$99,000
IRMLS
Sold 2017-04-03
$30,000
Public Record
$274,900
IRMLS
Listing removed 2019-03-12
$0
IRMLS
Listing removed 2019-03-06
$0
IRMLS
Relisted 2019-03-05
$99,000
IRMLS
Listing removed 2019-01-14
$0
IRMLS
Relisted 2019-01-12
$99,000
IRMLS
Listing removed 2019-01-10
$0
IRMLS
Listed 2019-01-09
$99,000
IRMLS
Sold 2019-01-08
$69,220
IRMLS
Listed 2018-12-09
$99,000
IRMLS
Sold 2017-04-03
$30,000
Public Record
Net Operating Income: 13061.32
Total Square Feet Living: 3188
Year Built: 1920
Above Grade Finished Area: 3188
Above Grade Unfinished Area: 1467
Below Grade Unfinished Area: 1679
Property Age: 104
Roof: Asphalt
Levels or Stories: 2.5
Structure Type: Fiveplex
House Style: Two and Half Story
Total Area Sqft: 6334
Total Below Grade Area: 1679
Year Built: 1920
Above Grade Finished Area: 3188
Above Grade Unfinished Area: 1467
Below Grade Unfinished Area: 1679
Property Age: 104
Roof: Asphalt
Levels or Stories: 2.5
Structure Type: Fiveplex
House Style: Two and Half Story
Total Area Sqft: 6334
Total Below Grade Area: 1679
Electric Expense: 1000
Sewer: City
City
Water Sewer Expense: 1000
Sewer: City
City
Water Sewer Expense: 1000
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.