4 plex, Investment home house multi, Fort Wayne Indiana

Real Estate

4 plex, Investment home house multi, Fort Wayne Indiana

Total rent $1500, Reliable Property Management, low tax

Start price 14500.0 USD
Current price14500.0 USD
Buy It Now price 14500.0 USD
Start time 04/04/2008
End time 05/04/2008
Bid count 0
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1915 Antoinette, Fort Wayne, Indiana4 plex, 4 bedroom, 4 bath, Reliable property management   1915 Antoinette, Fort Wayne, IN, 46803, $14,500A great investment opportunity.  A large 4 plex, with 4, 1 bedroom, 1 bath units near downtown. This 4 plex has easy care vinyl siding. Each unit should rent for $375/mth. That is $1500/mth total rent. Owner supplies Water and electric which are about $250/mth and taxes. Owner utilities makes this unit much easier to rent. Tenant pays the gas. Taxes are a low $779/yr. There is a laundry area in the basement where coinop machines could be placed for additional revenue. Each unit needs paint and carpet. Property manager has inspected the property and has the cost of rehab. If you are looking for an inexpensive multi-unit this is the one. $1500 rent x 12 = $18,000/yr grossExpensesTaxes $779/yr  = $65/mthProperty Management 10% gross rent =$150/mthInsurance $500/yr = $41/mthOwner utilities = $250/mthNet income = $12,420/yr 1915  Antoinette St,  Fort Wayne, IN  46803 Beds: 4 Baths: 4    Sq Ft: 1866     Lot Sz: 4760sqftAge: 88County     AllenStyle     Two StoryLot Sq Ft (approx)     4760     Lot Acres (approx)  0.109     Property InformationZoning     RS3 multiple familyLot Dimensions     34x140Total Below Grd SQFT     924Year Built     1920Exterior     VinylFoundation     Full Basement Unit InformationNumber of Buildings     1Number of Units     4No. of 1-Bedrooms     4 Unit 1Unit 1 Number     1.0Unit 1 Level     MainUnit 1 # of Rooms     3.0Unit 1 # of Bedrooms     1.0Unit1 # of Bathrooms     1.0Unit 2Unit 2 Number     2.0Unit 2 Level     MainUnit 2 # of Rooms     3.0Unit 2 # of Bedrooms     1.0Unit2 # of Bathrooms     1.0Unit 3 Number     3.0Unit 3 Level     UpperUnit 3 # of Rooms     3.0Unit 3 # of Bedrooms     1.0Unit3 # of Bathrooms     1.0Unit 4Unit 4 Number     4.0Unit 4 Level     UpperUnit 4 # of Rooms     3.0Unit 4 # of Bedrooms     1.0Unit4 # of Bathrooms     1.0Additional InfoWater     CitySewer     CityFuel     Elec, GasHeating     Forced AirFeaturesLaundry Area     BasementLaundry Area Dim     5x5Porch     YesPorch Dim     6x10Flooring     Carpet, Mixed Additional FeaturesWater Heater     GasBasement Unit 1     YesPublic Walks     YesOff Street Parking     Yes Tenant/Owner ExpenseWater Expense     OwnerSewer Expense     OwnerFuel Expense     MixedHeating Expense     MixedElectric Expense     MixedCooling Expense     TenantTrash Collection Exp     OwnerTax Expense      OwnerBldg Insurance Exp     OwnerMaintenance Exp     OwnerLawn Maintenance Exp     OwnerParking Expense     TenantCable Expense     TenantAnnual Taxes     $779.081717 Thompson, Fort Wayne, IN, 46802, $12,500Large 4 or 5 bedroom, 2 bath home in one of the best areas yet. Comps are between $25000-56000 within 1/4 mile and within last 8 months. This house will need some rehab. Property manager has been inside and has list of rehab. Should rent for $625-700 depending if you want to rent as 4 or 5 bedroom. Home should have instant equity. Low $364 taxes. Great homes surround this neighborhood. I have the listing information and comps available upon request. 1717  THOMPSON Ave,  Fort Wayne, IN  46802 Beds: 4     Baths: 2     Sq Ft: 1642     Lot Sz: 0.110acAge: 66Stories     2 StoryLot Sq Ft (approx)     4792     Lot Acres (approx)  0.110     Lot Size Source  (Assessor)Property InformationLot Dimensions     65X75Total BG SQFT     700Year Built     1942Exterior     AluminumFoundation     Full Basement# Rooms     8 Room DimensionsLiving/Great Rm     16x12 Level: MainLiving Room Flooring     HardwoodKitchen     15x10 Level: MainKitchen Flooring     HardwoodMaster Bedroom     10x14 Level: UpperMstr Bdrm Flooring     Hardwood2nd Bedroom     14x12 Level: Upper2nd Bdrm Flooring     Hardwood3rd Bedroom     8x10 Level: Main3rd Bdrm Flooring     Hardwood4th Bedroom     9x11 Level: Main4th Bdrm Flooring     HardwoodExtra Room     17x9 Level: Upper Baths# Full Baths Main     1# Full Baths Upper     1 FeaturesLaundry Area     BasementOutbuilding  Dim 6x14Water     CitySewer     CityFuel     GasHeating     Forced AirAdditional FeaturesDryer Hook Up     Electric Hook UpWater Heater     GasStreets     PavedFenced Yard     YesBarn/Shed     YesAnnual Taxes     $364.242314 Miner, 13,500 Nice 3 bedroom, 1 bath home in nicer area closer to downtown. Needs very little work. Nice woodwork throughout. Has a rare built in dishwasher. Should rent for $500-525. Should provide as great return on investment. Needs less than $1000 to make this home rent ready. 2314  Miner St,  Fort Wayne, IN  46807 Allen County Appraised value $44,100, 3/1/2007     Beds: 3 Baths: 1 Sq Ft: 1150 Lot Sz: 0.060ac Age: 78 Style Two Story Lot Sq Ft 2614 Lot Acres 0.060   School District Fort Wayne Community (Elementary: South Wayne; Junior High: Portage; Senior High: South Side) Property Information Lot Dimensions  50 x 50 Above Grd SQFT  1150 Total BG SQFT  575 Below Grade Fin Sq  300 Year Built  1930 Foundation  Full Basement, Partially Finished # Rooms  7 Room Dimensions Living/Great Rm  21x12 Level: Main Living Room Flooring Carpet Dining Room  12x12 Level: Main Dining Room Floor  Hardwood Family Room  20x12 Level: Basement Kitchen  12x8 Level: Main Kitchen Flooring  Hardwood Master Bedroom  13x13 Level: Upper Mstr Bdrm Flooring Carpet 2nd Bedroom  13x10 Level: Upper 2nd Bdrm Flooring  Carpet 3rd Bedroom  11x9 Level: Upper 3rd Bdrm Flooring  Carpet Baths # Full Baths Upper 1 Features Laundry Area  Basement Laundry Area Dim 10x10 Porch  Covered Porch Dim  10x8 Fuel  Gas Heating – New Furnace 12/15/2005  Forced Air Additional Features Range/Oven Hook Up  Gas Hook Up Dishwasher  Yes Dryer Hook Up     Both Gas & Electric Water Heater – New Hot water Heater 12/15/2005   Gas Basement  Yes Foyer Entrance  Yes Natural Wood Fenced Yard   Yes Annual Taxes$1207.94 will be lower after the home is reassessed when you record new purchase price and submit documentation.1311 Barthold, Fort Wayne, 46808, $6000, Rent for $400-450, most likely $425 because of the area . This larger 2 bedroom, 1 bath is located in a very renter desirable area. It has a dining room and a living room. Laundry room facility is on the main floor which is another plus. It does have vinyl siding. It will need slight repair.  It will need more work than the other homes, somewhere between $7000-8500, depending on what you want to do. My property manager has toured the property and has reviewed the repairs needed. Drywall repair, paint carpet, bathroom repairs, general repairs.Will make a nice rental or home to live in. 1311  BARTHOLD,  Fort Wayne, IN  46808 Beds: 2   Baths: 1      Sq Ft: 1056   Lot Sz: 0.040ac Age: 108 Subdivision   CALRKS ADD County    Allen Stories   2 Story Lot Sq Ft (approx) 1742      Zoning    R1 One Family Res. Lot Dimensions     21X74 Total BG SQFT 416 Year Built    1900 Exterior Vinyl Foundation    Partial Basement # Rooms   5   Room Dimensions Living/Great Rm    12x12 Level: Main Living Room Flooring    Carpet Dining Room   12x10 Level: Main Dining Room Floor Carpet Kitchen   12x12 Level: Main Kitchen Flooring   Tile Master Bedroom     12x10 Level: Upper Mstr Bdrm Flooring Carpet 2nd Bedroom   10x10 Level: Upper 2nd Bdrm Flooring Carpet Baths # Full Baths Main 1  Features Laundry Area Main Floor Water     City Sewer     City Fuel      Gas Heating   Forced Air Dryer Hook Up Electric Hook Up Water Heater Gas Basement Yes Annual Taxes $601.44Other properties offered from Jim McDonald.I am willing to package the houses together. Please make an offer. 836 Walnut, Fort Wayne, 46802, 14,000A rare 4 bedroom with 2 baths. This is a very large,livable house. It even has a built in sandbox in the backyard. Home is in a nicer area near downtown. Home has been upgraded in many areas. Dual-pane windows throughout most of the house. Should rent for $600-650/mth. Carpet, paint and flooring in good shape. Property manager sees less than $1000 in rehab to make the home rent-ready/live-in ready. Fantastic return on investment.   836 Walnut, Fort Wayne IN, 46802 Tax appraised value at $46,700, 3/1/2007 Replacement value at over $100,000 Rent for $600-650 Beds: 4   Baths: 2 Sq Ft: 1818   Lot Sz: 0.100ac    Age: 88 County    Allen Style     Two Story) Lot Sq Ft (approx) 4356 School District    Fort Wayne Community (Elementary: Fairfield; Junior High: Kekionga; Senior High: Wayne) Lot Dimensions     43 X 99 Total BG SQFT 669 Year Built    1920 Foundation    Partial Basement # Rooms   7  Room Dimensions Living/Great Rm    16x14 Level: Main Living Room Flooring    Hardwood Dining Room   15x16 Level: Main Dining Room Floor Hardwood Kitchen   13x14 Level: Main Kitchen Flooring   Vinyl Master Bedroom     14x16 Level: Upper Mstr Bdrm Flooring Carpet 2nd Bedroom   12x10 Level: Main 2nd Bdrm Flooring Carpet 3rd Bedroom   14x10 Level: Upper 3rd Bdrm Flooring Carpet 4th Bedroom   11x8 Level: Upper 4th Bdrm Flooring Carpet Baths # Full Baths Main 1 # Full Baths Upper 1  Features Laundry Area Kitchen Laundry Area Dim   4x5 Porch     Open Water     City Sewer     City Fuel      Gas Heating   Forced Air Dryer Hook Up Electric Hook Up Water Heater Electric Annual Taxes $1192.00, can be reduced at the county after proof of purchase price  I have listing information on all properties. If you give me an email address I would be happy to send all the information. Reliable Property Management is in place. You are welcome to contact him about the condition of the home.All homes are cash deals only.You are bidding on the full purchase price for the home.There are no hidden costs or feesYou must have funds ready at the end of auction.Please contact me with any questions.Lel Shaddai Limited CompanyJim McDonald480-467-9136480-924-3500lelshaddai@cox.net*Conditions of Sale*Winning Bidder must email us with the contact information directly after the auction ends.I will forward, either by email or fax, you a copy of the purchase agreement for you to review and sign. You will need to overnight the signed copy of the Purchase Agreement back to me along with a non-refundable deposit of $1,000.00 USD payable by certified check or PayPal.Buyer to submit the full purchase price along with closing costs (as described on purchase agreement) by certified check from a U.S. Banking Center or sent by bank wire transfer to the closing company within 5 business days following the end of the auction or within the agreed closing date as stated on the contract.Closing will be held by a licensed Local Title Agency determined by Seller and closing date will be set ASAP! Buyer to pay a flat fee of $650 to cover closing costs. This includes title insurance. Taxes will not be prorated. A general warranty or limited warranty deed will be issued at closing (what is usual & customary), unless buyer indicates otherwise.Sale of property is As-Is, Where-Is, and with All Faults. No warranty of property or is expressed, written, nor implied. Please do your due diligence on the property. The property will be free and clear of any liens. All utilities are paid up to date. E-mail us about 1915 Antoinette, Fort Wayne, Indiana Jim McDonald Lel Shaddai Limited Company 480-467-9136 480-924-3500 lelshaddai@cox.net Free auction templates courtesy of Template-O-Matic.com

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