1231 Stophlet, Fort Wayne, IN 46802 - Myers Trust

1231 Stophlet, Fort Wayne, IN 46802

Overview

MLS ID: #202343520
Price: $ 192,500
Sq Ft: 2,124
Finished Sq Ft: 2,124
Lot Size: 0.10 Acres
Year Built: 1900
Bedrooms: 5
Full Bathrooms: 2
Half Bathrooms:
Taxes: $ 900
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Beautiful two-story Victorian home currently being used as room rentals since 2012. Property is located one block from Electric Works. All current renters get along, have long standing stable incomes, and wish to remain. The current Property Manager has owned many other rooming houses and is interested in continuing to manage for the new owner and would be available to answer questions during showings. Current updates include: new mortar, primer, and Super Paint on the exterior brick, a remodeled porch area, and blown-in attic insulation. For ease of maintenance, there is plank flooring throughout the home. Plenty of off-street parking available. There is great income producing opportunity or it could be used as a single family home. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.

MLS ID: 202343520

Details

# of Units 5
Price Per Unit 38,500
Above Grade Finished SF 2,124
Above Grade Unfinished SF 1
Combined Finished SF 2,124
Below Grade Finished SF 900
Below Grade Unfinished SF 900
Total Below Grade SF 900
Total Sq Ft 3,024
Lot Dimensions 31x140
Approx Lot Size SqFt 4,356
Approx Lot Size Acres 0.10
Garage SF 1,716
Garage # of Cars 1
Outbuildings 25
# of Fireplaces 1
Water Front No
Style Two Story
New Construction No
Elementary School Study
Middle School Kekionga
Senior Wayne
District Fort Wayne Community
# Bedrooms 5
# of Full Baths 2
# of Half Baths 0
# Above Grade Bedrooms 1
Kitchen 560 x 560
Family Room 560 x 560
Rec Room 1 x 0
Bedroom 4 1 x 1
Bedroom 5 1 x 1
Extra Room 1 x 1
Laundry Room 5 x
Other Room 2 1 x 3360
Other Room 3 1 x
Annual Gross Rent Income $40,320.00
Annual Sewer Expense $1,716.00
Annual Fuel Expense $1,320.00
Annual Electric Expense $2,724.00
Annual Trash Expense $0.00
Annual Property Tax $93.00

Map

Listing Office: Tree City Realty

Listing Agent: David Budd

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.