1004 Delaware Avenue

Fort Wayne, IN 46805
Square Ft.
4,232
$425,000
Located in the heart of Fort Wayne's desirable 46805 zip code, this exceptional all brick five unit investment property offers a rare opportunity for investors seeking both character and income potential. Just minutes from the heart of downtown Fort Wayne, Promenade Park, The Landing, dining, entertainment, and cultural attractions, thisRead MoreRead Less
Courtesy of David Springer, Mike Thomas Assoc., Inc 260-489-2000
Listing Snapshot
Days Online
0
Last Updated
Property Type
Fiveplex
Square Ft.
4,232
Lot Size
0.31 Acres
Year Built
1890
MLS Number
202624232
30 Days Snapshot Of 46805
$213k
+3%
(avg) sold price
33
+26%
homes sold
19
-52%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Basement, Off Street Parking, Closet(s) Cedar, Landscaped, Porch Covered, Water Heater Gas, Washer Hook-Up
Appliances & Equipment
# of Dryers: 1, # of Ranges/Ovens: 5, # of Refrigerators: 5, # of W/D Hookups: 1, # of Washers: 1
Basement
Yes, Partially Finished
Building
Total Rooms Below Grade: 2, Above Grade Finished SqFt: 2,896, Age: 136, Below Grade Finished SqFt: 450, Below Grade Unfin. SqFt: 886, New Construction: No, Stories: 2, Style: Two Story, Total Below Grade SqFt: 1,336, Total Finished SqFt: 3,346, Total SqFt: 4,232, Year Built: 1890, Historic
Community
Laundry Facilities
Expenses
Annual Electric Expense: $600, Annual Fuel Expense: $2,000, Annual Insurance Expense: $2,400, Annual Maint. Expense: $1,000, Annual Trash Expense: $360, Annual Water/Sewer Exp.: $2,100
Exterior Features
Brick
Floors
Carpet, Mixed, Tile, Wood
Heating
Hot Water
Home Owner's Association
Dues Frequency: Not Applicable
Income
Annual Net Income: $31,795, Gross Monthly Income: $3,775
Lot
Approx. Acres: 0.31, Approx. SqFt: 13,504, Dimensions: 88 x 156, Level, Slope
Owner Pays
Building Insurance, Lawn Maintenance, Maintenance, Sewer, Water
Parking
Spaces: 6, Off Street
Pets Policy
Restrictions Y/N: Yes
Property
Num. of Efficiencies: 1, Num. of 1 Bedrooms: 1, Num. of 2 Bedrooms: 3, Number of Units: 5
Sewer
City
Taxes
Annual Property Tax: $4,645
Tenant Pays
Electric
Unit One
Rent: $800, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 3, Electric: Tenant, Gas: Owner, Laundry Room: Basement, Level: Main
Unit Two
Rent: $675, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 2, # of Rooms: 4, Deposit Amt: $225, Electric: Tenant, Gas: Owner, Laundry Room: Basement, Level: Upper
Unit Three
Rent: $800, Rent Frequency: Monthly, # of Bathrooms: 1, # of Bedrooms: 2, # of Rooms: 4, Deposit Amt: $800, Electric: Tenant, Gas: Owner, Laundry Room: Basement, Level: Main
Unit Four
Rent: $800, Rent Frequency: Monthly, # of Bedrooms: 2, # of Rooms: 4, Deposit Amt: $750, Electric: Tenant, Gas: Owner, Laundry Room: Basement, Level: Upper
Unit Five
Rent: $700, # of Bedrooms: 1, # of Rooms: 2, Basement Y/N: Yes, Electric: Tenant, Gas: Owner, Laundry Room: Basement, Level: Below
Utilities
# Electric Meters: 6, # Gas Meters: 1, # Water Meters: 1, City
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The Regan + Ferguson Group
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