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$199,900 $29,100on 2/5/2020

1833 N Wells Street N Fort Wayne, IN 46808-2471

  • 4 Beds
  • 6 Baths
  • 3,843 sq. Ft
Property Description
100% leased at a 10% Cap! Income stream opportunity located down the street from Promenade Park. Retail space on main floor is occupied by single tenant on a 3-year lease beginning June 2019. Upstairs has 4 new tenants with leases beginning in Feb-June 2019. Tenants pay base rent plus electrical. Owner pays all other utilities and expenses. Building has new tear-off roof (2017). Main level has all new flooring, paint, LED lighting and electrical (2019). The property is adjacent to residential neighborhoods and positioned on an urban retail corridor that provides fantastic foot traffic through the area.
Address:1833 Wells Street Fort Wayne IN 46808-2471
Status:Active
on site: 228 days
Price:$199,900
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 2 Half Baths
Sq. Feet:3,843
Year Built:1930
Lot Size:0.06
County: Allen County
Township: Wayne
School System : Fort Wayne Community
MLS #:201929456
Property Type:Apartment Building

Lot Dimensions:50x50
Directions:Two blocks South of State Blvd on Wells St & Archer
Total Sq. Ft. :3,843
Loan Price
$1,326
Price And Interest $1,043/month
Property Tax $200/month
MTG INS $0/month
HOME INS $83/month
Price
$199,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$200/month
Home Owner Insurance
$996 / 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
02/05/20 $229,000 $199,900 -12.71%
RoomSizeLevel
5th Bedroom 4 x 4
Kitchen 450 x 400
Family Room 425 x 425
Dining Room 0 x 1200
Living Room 0 x 00
Annual Property Tax:$1,200
Tax Year:2018
Subdivision: Beck(s)
Zip Code:46808-2471
School System:Fort Wayne Community
High School:North Side
Middle School:Lakeside
Elementary School:Bloomingdale
Total Sq. Ft.:3,843
Tour This Home
Fort Wayne Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Fort Wayne Customer Care
Additional Phone (260) 489-0013
Tour This Home
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Listing provided courtesy of Sturges Property 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.