713 Archer, Fort Wayne, IN 46808
Overview
| MLS ID: | #202105473 |
|---|---|
| Price: | $ 1,375,000 |
| Sq Ft: | 1,134 |
| Finished Sq Ft: | 1,134 |
| Lot Size: | 0.15 Acres |
| Year Built: | 1925 |
| Bedrooms: | 2 |
| Full Bathrooms: | 1 |
| Half Bathrooms: | 1 |
| Taxes: | $ 3,600 |
This single family home was recently updated with fresh carpet, paint, updated kitchen and baths. This house is being sold as a package deal only with 10 other single family homes. All but one house is located in the booming 46808 near the new Riverfront development at Promenade Park. Sales have shown a 20% increase in value over the last year in the 46808 zip code. Fort Wayne was ranked the nations hottest Real Estate market 7 months in a row during 2019-2020. Also new to Fort Wayne is the Electric Works project, a commercial, residential, and retail, public and private funded facility with the 1st phase consisting of 12 acres and $280 million in funding. Not only is this a great money maker, the package is increasing in value, and almost all of the tenants are long term, one over 12 years with the average around 6 years.
MLS ID: 202105473
Details
| # of Units | 1 |
|---|---|
| Price Per Unit | 1,375,000 |
| Above Grade Finished SF | 1,134 |
| Combined Finished SF | 1,134 |
| Below Grade Finished SF | 684 |
| Below Grade Unfinished SF | 684 |
| Total Below Grade SF | 684 |
| Total Sq Ft | 1,818 |
| Lot Dimensions | 46x144 |
| Approx Lot Size SqFt | 6,621 |
| Approx Lot Size Acres | 0.1520 |
| Garage SF | 0 |
|---|---|
| Outbuildings | 400 |
| Water Front | No |
|---|
| Style | One and Half Story |
|---|---|
| New Construction | No |
| Elementary School | Franke Park |
|---|---|
| Middle School | Northwood |
| Senior | North Side |
| District | Fort Wayne Community |
| # Bedrooms | 2 |
|---|---|
| # of Full Baths | 1 |
| # of Half Baths | 1 |
| Bedroom 5 | 1 x 1 |
| Laundry Room | 5 x |
| Annual Gross Rent Income | $92,400.00 |
|---|---|
| Annual Sewer Expense | $0.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $0.00 |
| Annual Trash Expense | $0.00 |
| Annual Property Tax | $8,535.00 |
Listing Office: Minear Real Estate
Listing Agent: Brad LeMay
Disclaimer:
Mortgage
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