This is a 2 story duplex Investment property, both units are rented. Main floor entrance at front of home, upstairs unit at rear. Owner pays utilities that average 150.00 per month producing an above 10% CAP returns if purchased at 100K, $1195 Income per month. Inside pictures are main floor then upstairs unit. Measurements may not be accurate. Updated circuit breaker panel, and Hot water heater.
Off market
$146,800
1523 Oakland St, Fort Wayne, IN 46808
3beds
1,612sqft
MultiFamily
Built in 1910
-- sqft lot
$146,800 Zestimate®
$91/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Basement), Unit 2 Laundry Room(None)
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Full, Concrete, Unit 1 Basement
Interior area
- Structure area source: Assessor
- Total interior livable area: 1,612 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Upper)
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: No Water Features
Lot
- Size: 5,471 sqft
- Features: Level, City Lot, City/Town/Suburb
Details
- Parcel number: 021203228010000074
- Zoning: City Zoning(R1)
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Fort Wayne
HOA & financial
Other financial information
- Total actual rent: 14340
Other
Other facts
- Flooring: Wood, Vinyl
- Heating: Forced Air, Natural Gas
- Appliances: Range/Oven, Refrigerator
- Roof: Asphalt
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CoolingYN: true
- Basement: Full, Concrete, Unit 1 Basement
- RoomsTotal: 7
- OwnerPays: Sewer, Water, Taxes, Electricity, Unit 1 Electric, Unit 2 Electric, Fuel, Unit 1 Gas, Unit 2 Gas
- ConstructionMaterials: Vinyl Siding
- LotFeatures: Level, City Lot, City/Town/Suburb
- LeaseTerm: Month To Month, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly)
- Cooling: Window Unit(s)
- PetsAllowed: Yes
- NumberOfBuildings: 1
- FarmLandAreaUnits: Square Feet
- NumberOfUnitsLeased: 2
- TrashExpense: 0
- WaterSewerExpense: 0
- RoadFrontageType: City Street
- MaintenanceExpense: 0
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- OpenParkingYN: true
- PatioAndPorchFeatures: Porch
- CommunityFeatures: Sidewalks
- ParkingFeatures: On Street
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 0
- FoundationDetails: Basement
- RoadSurfaceType: Asphalt
- NumberOfSeparateElectricMeters: 1
- NumberOfSeparateGasMeters: 1
- WaterSource: City
- NumberOfSeparateWaterMeters: 1
- AboveGradeFinishedAreaSource: Assessor
- OtherExpense: 0
- GrossIncome: 1195
- LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Basement), Unit 2 Laundry Room(None)
- Sewer: City
- MlsStatus: Active
- EntryLocation: Unit 1 Level(Main),Unit 2 Level(Upper)
- WaterfrontFeatures: No Water Features
- Zoning: City Zoning(R1)
- NetOperatingIncome: 12883
- TotalActualRent: 14340
- TaxAnnualAmount: 1457
- Road surface type: Asphalt
Services availability
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$146,800
2% more+ $2,936
With Showcase(estimated)
$149,736