1404 Fletcher Avenue Fort Wayne, IN 46803 Sold 2021-12-20

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Other • 121Y Old

Sold for $106,000 Listed for $129,000

1404 Fletcher Avenue

9 Bedrooms
2 Bathrooms
3666 sqft
0.19 Acres

This property is not currently for sale or for rent.

Property Description

This is a 9 room rental property, Rent 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 full basement for storage and a built in deposit box. 9 units Gross= $995 Weekly/$3980 per Month, $51,740 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,$115, $115,$115,$110,$110,$110,$110,and $90 weekly, Room Measurements in documents.

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.

Map to 1404 Fletcher Avenue, Fort Wayne, IN 46803

Property
MLS # 202115768
Status Sold
Property Type Investment
Property SubType Other
Finished Square Feet 3666 sqft
Total Square Feet 4966 sqft
New Construction No
Style Multi-Story (3+)
Type Other
Basement Yes
Bedrooms 9
Bathrooms 2
Year Taxes Payable 2020
Year Built 1900
Days on Market 171
Room Dimensions
Family Room 110 × 110 Level
Kitchen 110 × 110 Level
2nd Bedroom 9 × 110 Level
4th Bedroom 1 × 1 Level
5th Bedroom 1 × 1 Level
Bathroom Locations
Full Baths 9 Main
External Features
Construction Other
Lot Size 8,150 sq ft
Acreage 0.19 Acres
Lot Dimensions 50 x 163
Fence None
Location
Area Allen County
County Allen
Subdivision None
Township Wayne
City Fort Wayne
State IN
Zip 46803
Schools
School District Fort Wayne Community
Elementary Washington
Middle School Portage
High School Wayne
Financial
Assoc. Dues $0.00 Not Applicable
Assoc. Restrictions No

MLS# 202115768.
Listing Provided Courtesy of Gary Brigman
Keller Williams Realty Group

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated Friday, March 29th, 2024 at 7:15 AM EDT.

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