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2205 Broadway Avenue

Fort Wayne, IN 46802
  • $274,900
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: 202401262
$274,900
  • 5
    BEDS
  • 0.13
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,188
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Brandon Stone of CENTURY 21 Bradley Realty, Inc: Cell: 260-446-5159.

Description

**Seller will entertain land contract offers with sizeable down payment** Cash flowing five-plex within walking distance to Electric Works. The front two units were converted to one big office space that is currently owner occupied (could be converted back) 3 Units currently tenant occupied at $1750/ M, investors will see immediate ROI. Owner pays utilities and lawn care. Zoned C2. This property can be purchased individually or part of package with 2120 Broadway (3 plex), 2128 Broadway (Commercial warehouse), 2130 Broadway (6 unit). Opportunity and potential awaits.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-04-20T14:11:32.043.

www.movingwithteammelton.com/homes/146588214
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2205 Broadway Avenue Fort Wayne, IN 46802

  • Price: $274,900
  • Status: Active
  • On Site: 99 Days
  • MLS #: 202401262
5
Beds
5
Baths
0
½ Baths
0.13
Acres
3,188
SQFT
$86
$/SQFT
1920
Built
Neighborhood:
Fox(S)
County:
Allen
Area:
Allen
Elementary School:
Fairfield
Middle School:
Kekionga
High School:
Wayne
School District:
Fort Wayne Community
Property Description
**Seller will entertain land contract offers with sizeable down payment** Cash flowing five-plex within walking distance to Electric Works. The front two units were converted to one big office space that is currently owner occupied (could be converted back) 3 Units currently tenant occupied at $1750/ M, investors will see immediate ROI. Owner pays utilities and lawn care. Zoned C2. This property can be purchased individually or part of package with 2120 Broadway (3 plex), 2128 Broadway (Commercial warehouse), 2130 Broadway (6 unit). Opportunity and potential awaits.
Exterior Features

Exterior ConcreteWood Location City/Town/Suburb Lot Description Planned Unit Development Lot Dimensions 50x117 Outbuilding None Parking Off Street Parking Spaces 5 Pool YN No Roof Material Asphalt Style Two and Half Story Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 3188 Above Grade Unfin Sq Ft 1467 Amenities Countertops-LaminatePorch Covered Basement Foundation Unfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1679 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetWoodTileVinyl Heating Fuel Forced Air Microwaves 0 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 0 Total Baths 5 Total Below Grade Sqft 1679 Total Sq Ft 6334 Wash Dry Hookups 5 Washers 0

Property Features

Annual Electric Expense 1000 Annual Fuel Expense 1000 Annual Gross Rent 21000 Annual Insurance Expense 1000 Annual Maint Expense 500 Annual Misc 0 Annual Net Income 13061.32 Annual Property Tax 3438.68 Annual Trash Expense 0 Annual Water Sewer Exp 1000 Assoc Dues Frequency Not Applicable Auction Y / N No Documents Available LBP FormSellers Disclosure Efficiencies 3 Electric Company AEP/I&M For Sale Or Rent For Sale Four Bedrooms 0 Gas Company NIPSCO Gross Monthly Income 1750 Gross Monthly Rent 1750 Lease Term Month to MonthOther New Construction No One Bedrooms 1 Owner Pays ElectricFuelLawn MaintenanceSewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fiveplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays None Three Bedrooms 0 Township Wayne Two Bedrooms 1 Unit3 Unit Rent 650 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 550 Unit4- Currently Rntd Y / N Yes Unit5 Unit Rent 550 Unit5- Currently Rntd Y / N Yes Units Rented 5 Water Company Fort Wayne City Utilities Water Utility City Year Taxes Payable 2024

Listing provided by Brandon Stone of CENTURY 21 Bradley Realty, Inc: Cell: 260-446-5159.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-04-20T14:11:32.043.

 
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Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Brandon Stone of CENTURY 21 Bradley Realty, Inc: Cell: 260-446-5159.