616 Mechanic, Fort Wayne, IN 46808-3374 - Myers Trust

616 Mechanic, Fort Wayne, IN 46808-3374

Overview

MLS ID: #202404040
Price: $ 199,999
Sq Ft: 2,062
Finished Sq Ft: 2,062
Lot Size: 0.06 Acres
Year Built: 1920
Bedrooms: 5
Full Bathrooms: 4
Half Bathrooms:
Taxes: $ 1,300
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Are you a seasoned investor looking to expand your portfolio or a first-time investor seeking an investment opportunity? Welcome to this fantastic 4-plex in a prime location! Nestled within walking distance to downtown and other amenities, this four-unit property offers convenience and potential for lucrative returns. With three units rented you can start generating income immediately. New roof (Shingles only) in 2020. Home Warranty Included. Schedule your showing today!

MLS ID: 202404040

Details

# of Units 4
Price Per Unit 49,999.750
Above Grade Finished SF 2,062
Above Grade Unfinished SF 1
Combined Finished SF 2,062
Below Grade Finished SF 525
Below Grade Unfinished SF 525
Total Below Grade SF 525
Total Sq Ft 2,587
Lot Dimensions 50X50
Approx Lot Size SqFt 2,500
Approx Lot Size Acres 0.060
Garage SF 1,900
Garage # of Cars 1
Water Front No
Style Two Story
New Construction No
Elementary School Washington
Middle School Portage
Senior Wayne
District Fort Wayne Community
# Bedrooms 5
# of Full Baths 4
# of Half Baths 0
Living Room 1 x 0
Kitchen 575 x
Family Room 575 x 625
Bedroom 5 4 x 4
Other Room 2 2 x 2350
Other Room 3 1 x
Annual Gross Rent Income $28,200.00
Annual Sewer Expense $1,900.00
Annual Fuel Expense $1,700.00
Annual Electric Expense $2,900.00
Annual Trash Expense $0.00
Annual Property Tax $2,681.28

Map

Listing Office: CENTURY 21 Bradley Realty, Inc

Listing Agent: Sara Arevalo

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.