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$155,000 $5,000on 5/25/2021(Pending)

1404 Fletcher Avenue Fort Wayne, IN 46803-2164

  • 9 Beds
  • 2 Baths
  • 3,666 sq. Ft
Property Description
9 room rental property. Rent is collected weekly. Vinyl siding, Updated circuit breaker panel, updated Romex wiring, extra insulation blown in walls, Majority of windows are vinyl, hardwood floors, disconnected gas Furnace in basement, electric hot water heater. Tenants share two full bathrooms and a common kitchen. Property has a dry basement for storage and a built in deposit box. 9 units gross $980 Weekly, $3920 / Month, $47,040 Annual income. Most tenants are students and demand is very high for weekly rentals. Range, Refrigerator, Microwave, Washer, Dryer and several mini fridges, and TVs included. Washer and Dryer are coin operated and also contribute to extra income av. $98/mo. This is a great return on investment and a good turn key business opportunity! Rooms are: $120,$110, $110,$110,$110,$110,$110,$110,and $90 weekly, Or can be made to be monthly leases. Listing agent to be present for showings. Room Measurements in documents. Average utilities: Water $126/mo, Electric $940/mo. Insurance $1900 Yearly. All electric baseboard heat.
Address:1404 Fletcher Avenue Fort Wayne IN 46803-2164
Status:Pending
on site: 49 days
Price:$155,000
Bedrooms:9 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,666
Year Built:1900
Lot Size:0.19
County: Allen County
Township: Wayne
School System : Fort Wayne Community
MLS #:202115768
Property Type:Other

Lot Dimensions:50 x 163
Directions:From Jefferson/Maumee, go South on Anthony Blvd. Turn left on Luther and the property will be at the next corner on the right.
Total Sq. Ft. :3,666
Basement:Yes
Loan Price
$874
Price And Interest $809/month
Property Tax $0/month
MTG INS $0/month
HOME INS $65/month
Price
$155,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$780 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
DateOld PriceNew PricePercent Change
05/25/21 $160,000 $155,000 -3.12%
RoomSizeLevel
2nd Bedroom 9 x 110 Info Not Available
4th Bedroom 1 x 1 Info Not Available
5th Bedroom 1 x 1 Info Not Available
Kitchen 110 x 110 Info Not Available
Family Room 110 x 110 Info Not Available
Annual Property Tax:$000
Tax Year:2020
Subdivision: None
Zip Code:46803-2164
School System:Fort Wayne Community
High School:Wayne
Middle School:Portage
Elementary School:Washington
Total Sq. Ft.:3,666
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®
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Get more information

Listing provided courtesy of Keller Williams Realty Group.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.