$195,050
$189,900
2.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,311 SqFt
SOLD DATE : 06/14/2022
Key Details
Sold Price $195,050
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,311 sqft
Subdivision None
MLS Listing ID 202217028
Sold Date 06/14/22
Style Two Story
Bedrooms 5
Full Baths 4
Abv Grd Liv Area 2,311
Total Fin. Sqft 2311
Year Built 1900
Annual Tax Amount $704
Tax Year 2020
Lot Size 6,751 Sqft
Property Sub-Type Fourplex
Property Description
**Multiple offers received- highest and best bt 3pm, 5/10.** Great investment property in the Lakeside area, close to downtown, the River Greenway attractions, hospitals. A cash flowing property that can easily gross over $3000 a month (approximate) has 4 units, 3 are vacant - ready to rent, one bedroom/studio is rented at $745/month. It has 3 one bed units, one, 2 bed unit, updated bathrooms, plumbing, vinyl siding. Newer furnace, gas water heater, all windows have been replaced. All units have hard surfaces- vinyl plank and vinyl for easy tenant turnover, separate entrances, surround porch, parking for 6 plus cars in the back. Live in one and rent the rest, short term or long term rental, convert main floor to one large apt or owner occupied house - many possibilities with this one - Laundry hook up in the basement Utility averages for all 4 units combined (last 12 months) - Water -$145.62 Gas- $189 , Electric- $268 (on budget plan) Selling As Is. Buyer is welcome to do inspections -seller will not make any repairs. Upstairs covered porch area is unstable- do not walk on it. Owner pay all utilities. Broker has financial interest in the property. Apt 2 is rented. Please allow 24hrs to see this unit. Apts 1, 3 and 4 can be viewed anytime. Kindly allow 24 hrs to respond to all offers.
Location
State IN
Area Allen County
Direction Right on Columbia ave, soon after Oneida st
Rooms
Family Room 745
Dining Room 0
Interior
Flooring Laminate, Vinyl
Fireplaces Number 4
Appliance Building, Lease
Laundry , 6
Exterior
Garage Spaces 1.0
Amenities Available Ceiling Fan
Total Parking Spaces 6
Building
Lot Description Level
Story 2
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Forest Park
Middle Schools Lakeside
High Schools North Side
School District Fort Wayne Community
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IDX information provided by the Indiana Regional MLS
Bought with Heather Nave • Keller Williams Realty Group