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Off market
  • $228,200

    1027 Elmwood Ave, Fort Wayne, IN 46805

    4beds
    2,178sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $228,200 Zestimate®
    $105/sqft
    $-- HOA

    What's special

    An upper and lower duplex. Both have two bedrooms. separate water heaters, 100 Amp electrical services and gas forced air furnaces with A/C's. Owner pays water and sewer. A charming property with nice yard and three car garage. Garage currently rents for $100.00 per month on a month to month basis. If you desire a single family home, simply remove three foot of wall and have a four or five bedroom home with two full baths. The fireplace is non-functional. The income and expenses shown in this listing are the actual for 2018, except actual taxes paid were 1119.32. A diligent buyer can make an attractive rate of return plus realize the benefits of depreciation, mortgage paydown by the tenants, real estate appreciation and rental appreciation. Property is owned by the listing agent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator, Washer
    • Laundry: In Basement, Other
    Features
    • Fireplace, Basement
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: Yes
    • Common walls with other units/homes: No One Below, No One Above
    Interior area
    • Total interior livable area: 2,178 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: On-street, Garage
    Features
    • Exterior features: Stone
    Lot
    • Size: 6,751 sqft
    • Features: Corner Lot
    • Topography: Level
    • Residential vegetation: Partially Wooded
    Details
    • Parcel number: 021201128025000074

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    Materials
    • masonry
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1940

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne

    Other

    Other facts
    • Flooring: Wood, Carpet, Vinyl Tile
    • Sewer: Public Sewer
    • Heating: Forced Air, Natural Gas
    • Topography: Level
    • Roof: Asphalt
    • ArchitecturalStyle: Two Story
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • CoolingYN: true
    • RoomsTotal: 9
    • ConstructionMaterials: Stone, Aluminum Siding
    • LeaseTerm: 12 Months
    • OwnerPays: Sewer, Insurance, Water, Taxes, Common Area Maintenance
    • LotFeatures: Corner Lot
    • MainLevelBathrooms: 4
    • FarmLandAreaUnits: Square Feet
    • FoundationDetails: Stone
    • NumberOfUnitsLeased: 0
    • TrashExpense: 0
    • CommonWalls: No One Below, No One Above
    • Vegetation: Partially Wooded
    • Cooling: Central Air
    • OpenParkingYN: true
    • TenantPays: Electricity, Heating, Cooling
    • InteriorFeatures: Fireplace, Basement
    • BelowGradeFinishedArea: 0
    • LaundryFeatures: In Basement, Other
    • ElectricExpense: 0
    • FuelExpense: 0
    • GrossIncome: 1490
    • Gas: Gas
    • CommunityFeatures: City/Town/Suburb
    • ExteriorFeatures: Near Walking Trail
    • WaterSource: City
    • ParkingFeatures: Stone
    • MaintenanceExpense: 909
    • InsuranceExpense: 549
    Services availability
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    $228,200
    2% more+ $4,564
    With Zillow Showcase(estimated)
    $232,764