1231 Stophlet Street

Fort Wayne, IN 46802
Square Ft.
3,024
$200,000
Beautiful two-story Victorian home currently being used as room rentals. Property is located close to Electric Works. Great income producing opportunity or it could be used as a personal residence. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.
Courtesy of David Budd, Tree City Realty 260-479-7017
Listing Snapshot
Days Online
154
Last Updated
May 8, 2024
Property Type
Fiveplex
Square Ft.
3,024
Lot Size
0.1 Acres
Year Built
1900
MLS Number
202343520
30 Days Snapshot Of 46802
$191K
-43%
(avg) sold price
11
+450%
homes sold
16
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Off Street Parking
Appliances & Equipment
# of Dryers: 1, # of Microwaves: 1, # of Ranges/Ovens: 1, # of Refrigerators: 1, # of W/D Hookups: 1, # of Washers: 1
Basement
Yes, Poured Concrete, Partial Basement, Unfinished
Building
Above Grade Finished SqFt: 2,124, Age: 124, Below Grade Unfin. SqFt: 900, New Construction: No, Stories: 2, Style: Two Story, Total Below Grade SqFt: 900, Total Finished SqFt: 2,124, Total SqFt: 3,024, Year Built: 1900, Victorian
Expenses
Annual Electric Expense: $2,724, Annual Fuel Expense: $1,320, Annual Insurance Expense: $900, Annual Maint. Expense: $2,000, Annual Water/Sewer Exp.: $1,716
Exterior Features
Brick
Floors
Laminate
Heating
Gas, Forced Air
Home Owner's Association
Dues Frequency: Not Applicable
Income
Annual Net Income: $24,967, Gross Monthly Income: $2,893
Lot
Approx. Acres: 0.1, Approx. SqFt: 4,356, Dimensions: 31x140, Level
Owner Pays
Electric, Sewer, Tax, Water
Parking
Spaces: 5, Off Street, Street
Property
Num. of 1 Bedrooms: 5, Number of Units: 5
Roof
Asphalt
Sewer
City
Taxes
Annual Property Tax: $93
Unit One
Rent: $560, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 1, Level: Main
Unit Two
Rent: $560, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 1, Level: Main
Unit Three
Rent: $560, # of Bathrooms: 1, # of Bedrooms: 1, # of Rooms: 1, Level: Upper
Unit Four
Rent: $560, # of Bedrooms: 1, # of Rooms: 1, Level: Upper
Unit Five
Rent: $560, # of Bedrooms: 1, # of Rooms: 1, Level: Upper
Utilities
# Electric Meters: 1, # Gas Meters: 1, # Water Meters: 1, City
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This content last updated on May 8, 2024. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.