This is a 3 unit apartment building with one efficiency on main, one bedroom at the back of property and a 2 bedroom on second floor. 3 parking spaces in back. It has 4 electric meters, 3 gas meters. Owner has property Management Co. in place. Instant return on investment $1549/ month rental income. Can be purchased as a package with another rented Duplex MLS: 201952055, 340 W Dewald.
Off market
$165,700
1508 Spy Run Ave, Fort Wayne, IN 46805
3beds
2,220sqft
MultiFamily
Built in 1924
-- sqft lot
$165,700 Zestimate®
$75/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
Heating
- Forced air, Gas
Cooling
- None
Features
- Basement
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Common walls with other units/homes: No One Above
Interior area
- Total interior livable area: 2,220 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
Features
- Exterior features: Wood
Lot
- Size: 3,009 sqft
- Topography: Level
Details
- Parcel number: 021202231003000074
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Foursquare
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1924
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Fort Wayne
Other
Other facts
- Flooring: Wood, Carpet, Vinyl
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas
- Topography: Level
- Roof: Asphalt
- ArchitecturalStyle: Two Story, Foursquare
- ZoningDescription: Residential
- HeatingYN: true
- NumberOfUnitsTotal: 3
- LeaseTerm: 12 Months
- OwnerPays: Sewer, Trash Collection, Water, Taxes, Snow Removal, Common Area Maintenance, Maintenance
- ConstructionMaterials: Wood Siding
- CurrentFinancing: Conventional, Cash
- FoundationDetails: Block
- MainLevelBathrooms: 3
- NumberOfBuildings: 1
- NumberOfUnitsLeased: 3
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- MaintenanceExpense: 500
- TenantPays: Electricity
- CommonWalls: No One Above
- ParkingFeatures: Off Street
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- RoadSurfaceType: Asphalt
- InsuranceExpense: 600
- Gas: Gas
- NumberOfSeparateElectricMeters: 4
- NumberOfSeparateGasMeters: 3
- InteriorFeatures: Basement
- CommunityFeatures: City/Town/Suburb
- WaterSource: City
- FuelExpense: 1200
- NumberOfSeparateWaterMeters: 1
- GrossIncome: 1549
- MlsStatus: Active
- Road surface type: Asphalt
Services availability
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$165,700
2% more+ $3,314
With Zillow Showcase(estimated)
$169,014