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Off market
  • $367,900

    821 Nelson St, Fort Wayne, IN 46802

    4beds
    3,621sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $367,900 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    This one time single family home is now a 5 plex and the right opportunity for that person looking to convert this home back to single family or getting an income producing property. There is more to this property than meets the eye. From the original fireplace with built-ins, leaded glass windows, hidden grand entry with Greco Roman pillars and ceiling treatments, coffered ceilings, hardwood floors, pocket door and french doors There are three units on the main floor, each with unique layouts, lots of windows for well lit apartments and lots of room. There are two apartments upstairs. These apartments are larger with flexible floor plans and could be ideal for that landlord that wishes to be on site. The apartments have not been rented to anyone for some time. Rents today could be higher. The owner has replaced the roof and decking since purchasing, replaced boiler, had entire interior painted, replaced screen doors and storm windows, replaced gutters, updated most of the electrical and insulated the entire house.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(None), Unit 3 Laundry Room(None), Unit 2 Laundry Room(None), Unit 4 Laundry Room(None), Unit 5 Laundry Room(None)
    Features
    • Crown Molding, Bookcases
    • Flooring: Tile, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,621 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Entry location: Unit 1 Level(Main),Unit 2 Level(Upper),Unit 3 Level(Main),Unit 4 Level(Upper)
    • Exterior features: Shingle, Wood, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 4,791 sqft
    • Features: Level, City Lot
    Details
    • Parcel number: 021203485014000074
    • Zoning: City Zoning(R3)
    • Zoning description: R3

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Fort Wayne

    HOA & financial

    Other financial information
    • Total actual rent: 31800

    Other

    Other facts
    • Flooring: Wood, Tile, Laminate
    • Appliances: Range/Oven, Refrigerator, Dryer, Washer
    • Heating: Other, Hot Water
    • HeatingYN: true
    • Basement: Full, Unit 1 Basement
    • RoomsTotal: 16
    • OwnerPays: Sewer, Trash Collection, Grounds Care, Water, Taxes, Snow Removal, Maintenance, Heating
    • ConstructionMaterials: Wood Siding, Brick
    • NumberOfUnitsTotal: 5
    • LotFeatures: Level, City Lot
    • PetsAllowed: Yes
    • NumberOfBuildings: 1
    • FarmLandAreaUnits: Square Feet
    • NumberOfUnitsLeased: 0
    • TrashExpense: 360
    • MaintenanceExpense: 3200
    • TenantPays: Electricity
    • BelowGradeFinishedArea: 0
    • InteriorFeatures: Crown Molding, Bookcases
    • ZoningDescription: R3
    • InsuranceExpense: 1800
    • NumberOfSeparateElectricMeters: 4
    • NumberOfSeparateGasMeters: 0
    • WaterSource: City
    • GrossIncome: 2650
    • LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(None), Unit 3 Laundry Room(None), Unit 2 Laundry Room(None), Unit 4 Laundry Room(None), Unit 5 Laundry Room(None)
    • FuelExpense: 2100
    • ElectricExpense: 1600
    • OtherExpense: 900
    • Sewer: City
    • TotalActualRent: 31800
    • MlsStatus: Active
    • EntryLocation: Unit 1 Level(Main),Unit 2 Level(Upper),Unit 3 Level(Main),Unit 4 Level(Upper)
    • Zoning: City Zoning(R3)
    • WaterSewerExpense: 1003
    • NetOperatingIncome: 16665.7
    • TaxAnnualAmount: 4171.3
    Services availability
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    $367,900
    2% more+ $7,358
    With Showcase(estimated)
    $375,258