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2624 Kroemer Road

Fort Wayne, IN 46818
  • $340,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 202403425
UPDATED: 38 min ago
$340,000
  • 4
    BEDS
  • 1.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,232
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Tyler Dohner of CENTURY 21 Bradley Realty, Inc: Cell: 260-246-1298.

Description

Cash flow opportunity! This property includes a 2 bed 1 bath home with an effective 1 bed 1 bath built on. Along side is a carriage home with 1 bed 1 bath with a 2 car garage. Rents are currently under rate and can be raised as soon as purchased. 2 of the 3 units are occupied by long term tenants. Their lease is currently month to month. Efficiency currently pays 750 while the carriage house is paying 950. The ranch is unoccupied. All new wiring 10 years ago. New sewer 10 years ago. New roof 11 years ago. all new plumbing and base board heating 10 years ago. New dry wall 10 years ago. Upgraded insulation. New dry wall. New bathroom remodels. New Paint. New carpet. Kitchen remodel. 200 Amp Service installed in 2022. This is an easy cash flow. Raise rents to market rate and make a great return.

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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: 2024-03-04T19:28:06.487.

www.movingwithteammelton.com/homes/147233879
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2624 Kroemer Road Fort Wayne, IN 46818

  • Price: $340,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 38 min ago
  • MLS #: 202403425
4
Beds
3
Baths
0
½ Baths
1.04
Acres
2,232
SQFT
$152
$/SQFT
1917
Built
Neighborhood:
None
County:
Allen
Area:
Allen
Elementary School:
Price
Middle School:
Portage
High School:
Northrop
School District:
Fort Wayne Community
Property Description
Cash flow opportunity! This property includes a 2 bed 1 bath home with an effective 1 bed 1 bath built on. Along side is a carriage home with 1 bed 1 bath with a 2 car garage. Rents are currently under rate and can be raised as soon as purchased. 2 of the 3 units are occupied by long term tenants. Their lease is currently month to month. Efficiency currently pays 750 while the carriage house is paying 950. The ranch is unoccupied. All new wiring 10 years ago. New sewer 10 years ago. New roof 11 years ago. all new plumbing and base board heating 10 years ago. New dry wall 10 years ago. Upgraded insulation. New dry wall. New bathroom remodels. New Paint. New carpet. Kitchen remodel. 200 Amp Service installed in 2022. This is an easy cash flow. Raise rents to market rate and make a great return.
Exterior Features

Architectural Style Bungalow Driveway ConcreteGravel Exterior AluminumVinylWood Fence Barb WirePartial Location City/Town/Suburb Lot Description IrregularSlope Lot Dimensions 280 x 400 x 60 x 300 Outbuilding None Parking GarageGravelOff Street Parking Spaces 12 Pool YN No Roof Material AsphaltShingle Style Other Unit2 Garage Type Attached Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2232 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanOff Street ParkingBalconyCountertops-LaminateGarage Door OpenerPorch OpenStorm DoorsWater Heater ElectricWasher Hook-Up Basement Foundation Full BasementUnfinished Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Wall ACWindow Dishwashers 3 Disposals 0 Dryers 1 Flooring CarpetLaminateTileVinyl Heating Fuel ElectricityBaseboard Microwaves 2 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 0 Total Sq Ft 2232 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 2 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 8400 Annual Fuel Expense 0 Annual Gross Rent 35400 Annual Insurance Expense 4000 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 20737.32 Annual Property Tax 1462.68 Annual Trash Expense 800 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 2 Common Amenities None Efficiencies 2 Energy Efficient InsulationRoofingWindows Energy Efficient Windows Doors Double Pane Windows Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2950 Gross Monthly Rent 2950 Lease Term Month to Month New Construction No One Bedrooms 2 Owner Pays ElectricTrash Collection Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer Septic Tenant Pays None Three Bedrooms 0 Township Washington Two Bedrooms 1 Unit1 Unit Rent 750 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 950 Unit2- Currently Rntd Y / N Yes Unit2- Garage /#of Cars 2 Unit2- Garage Y / N Yes Unit3 Unit Rent 1250 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Units Rented 3 Water Company Other Water Utility Well Year Taxes Payable 2023 - 2024

Listing provided by Tyler Dohner of CENTURY 21 Bradley Realty, Inc: Cell: 260-246-1298.

© 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: 2024-03-04T19:28:06.487.

 
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Listing provided by Tyler Dohner of CENTURY 21 Bradley Realty, Inc: Cell: 260-246-1298.