$175,000
$192,500
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1231 Stophlet Street Fort Wayne, IN 46802
5 Beds
2 Baths
2,124 SqFt
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,124 sqft
Subdivision Stophlets
MLS Listing ID 202343520
Sold Date 02/12/25
Style Two Story
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 2,124
Total Fin. Sqft 2124
Year Built 1900
Annual Tax Amount $900
Tax Year 2022
Lot Size 4,356 Sqft
Property Sub-Type Fiveplex
Property Description
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.
Location
State IN
County Allen County
Area Allen County
Direction BROADWAY TO STOPHLET STREET, WEST ON STOPHLET. HOUSE WILL BE ON THE LEFT
Rooms
Family Room 560 x 560
Dining Room 0 x 560
Kitchen , 560 x 560
Interior
Flooring Laminate
Fireplaces Number 1
Appliance Building
Laundry , 5
Exterior
Exterior Feature None
Garage Spaces 1.0
Fence None
Amenities Available Off Street Parking
Roof Type Asphalt
Total Parking Spaces 5
Building
Lot Description Level
Story 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Study
Middle Schools Kekionga
High Schools Wayne
School District Fort Wayne Community
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Theresa Haneline • Tree City Realty