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Listing 9 out of 594
$249,900 For Sale

821 W Jefferson Boulevard
Fort Wayne, IN 46802

4 units | Multi Family Home
7405 sq ft - MLS# 201820217
Property Photo
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Description

This is a great opportunity to own a piece of old Fort Wayne history! This grand home built in 1876 has had a great rental history and was even "home" to this owner for several years. There are so many options that can be done with this investment property. Rent it out now as-is and reap the benefits of this downtown cash cow. Fix it up a bit and sell them off as individual flats or condos. Convert one side to a townhouse and live in it, while renting out the other 2 units, to pay your own living expenses! The biggest opportunity would be to restore this wonderful grand old beauty into a single family mansion with a massive main floor Master en-suite! The possibilities are endless and will be in the favor of the new owner's pocket-book in the end! There are 2 GFA furnaces installed in 2015, roof completed in 2015, and 2 newer water heaters. So close to everything Fort Wayne has to offer and with zoning already in place, start enjoying the benefits right away!

Features

  • Property Type: Multi Family Home
  • Sub Type: Fourplex
  • Listing Status: Active
  • County/Area: Allen County
  • Zip Code: 46802
  • Age: 142
  • Subdivision/Neighborhood: Hanna
  • School District: Fort Wayne Community
  • Elementary School: Washington
  • Middle School: Kekionga
  • High School: Wayne
  • Sq.Ft.: 4,142 sq ft
  • Style: Colonial
  • Stories: 2
  • Units: 4 units
  • Bedrooms: 7
  • Full Baths: 4
  • Half Baths: 2
  • Basement: Yes
  • Garage: Garage, Lot, Off Street, Private
  • # of Parking Spaces: 4
  • Lot Size: 7405 sq ft
  • Baths: 5 baths
  • Zoning: R4 Two and Multiple Family Resid
  • # Above Grade Bedrooms: 7
  • # Electric Meters: 4
  • # Gas Meters: 2
  • # Of Dishwashers: 2
  • # Of Dryers: 2
  • # Of Microwaves: 2
  • # Of Ranges/Ovens: 4
  • # Of Refrigerators: 3
  • # Of W/D Hookups: 2
  • # Of Washers: 2
  • # Water Meters: 1
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Built-In Bookcase, Deck Covered, Water Heater Gas
  • Annual Insurance Expense: 760
  • Annual Net Income: -3347
  • Approx. Lot Size Sqft: 7500
  • Basement Material: Brick, Stone
  • Basement/Foundation: Cellar
  • Below Grade Unfin. Sqft: 2249
  • Cooling: Wall Ac
  • Driveway: Gravel
  • Exterior: Wood
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Electricity, Gas, Baseboard, Forced Air
  • Lease Term: 1 Year
  • Location: City/Town/Suburb, Near Walking Trail
  • Lot Description: Level, Historic Designation
  • Lot Dimensions: 50 x 150
  • Main Level Sqft: 2249
  • Num. Of 1 Bedrooms: 1
  • Num. Of 2 Bedrooms: 3
  • Number Of Buildings: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Size: 22 x 20
  • Outbuilding Sqft: 440
  • Owner Pays: Building Insurance, Sewer, Water
  • Parking: Garage, Lot, Off Street, Private
  • Roof Material: Shingle, Dimensional Shingles
  • Sale Includes: Building, Land
  • Sale/Rent/Auction: For Sale
  • Sewer: City
  • Tenant Pays: Cable, Cooling, Electric, Heating
  • Total Below Grade Sqft: 2249
  • Total Finished Sqft: 4142
  • Total Sqft: 6391
  • Township: Wayne
  • Upper Level Sqft: 1893
  • Water Utility: City
Courtesy of Imagine Real Estate, Nicole Jannings

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Tug and Judi Pierson
Phone: 260-413-7218
Tug@tugandjudi.com

 

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Tug Pierson | Remax Results | Phone: 260-413-7218 | Email Me