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
  • Bookmark and Share

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:

Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.
Bitnami