1231 Stophlet Street Fort Wayne, IN 46802

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Fiveplex • 124Y Old

$192,500

1231 Stophlet Street

5 Bedrooms
2 Bathrooms
2124 sqft
0.10 Acres
Property Description

Beautiful two-story Victorian home currently being used as room rentals since 2012. Property is located one block from Electric Works. All current renters get along, have long standing stable incomes, and wish to remain. The current Property Manager has owned many other rooming houses and is interested in continuing to manage for the new owner and would be available to answer questions during showings. Current updates include: new mortar, primer, and Super Paint on the exterior brick, a remodeled porch area, and blown-in attic insulation. For ease of maintenance, there is plank flooring throughout the home. Plenty of off-street parking available. There is great income producing opportunity or it could be used as a single family home. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.

Directions

BROADWAY TO STOPHLET STREET, WEST ON STOPHLET. HOUSE WILL BE ON THE LEFT

Map to 1231 Stophlet Street, Fort Wayne, IN 46802

Property
MLS # 202343520
Date Listed 2023-12-01
Status Active
Property Type Investment
Property SubType Fiveplex
Finished Square Feet 2124 sqft
Total Square Feet 3024 sqft
New Construction No
Style Two Story
Type Fiveplex
Basement Yes
Bedrooms 5
Bathrooms 2
Annual Taxes $900.00
Year Taxes Payable 2022
Year Built 1900
Virtual Tour propertypanorama.com »
Days on Market 349
Room Dimensions
Family Room 560 × 560 Level
Kitchen 560 × 560 Level
4th Bedroom 1 × 1 Level
5th Bedroom 1 × 1 Level
Recreation Room 1 × 0 Level
Extra Room 1 × 1 Level
Bathroom Locations
Full Baths 5 Main
External Features
Construction Fiveplex
Lot Size 4,356 sq ft
Acreage 0.10 Acres
Lot Dimensions 31x140
Out Buildings Shed
Fence None
Location
Area Allen County
County Allen
Subdivision Stophlets
Township Wayne
City Fort Wayne
State IN
Zip 46802
Schools
School District Fort Wayne Community
Elementary Study
Middle School Kekionga
High School Wayne
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202343520
Listing Provided Courtesy of David Budd
Tree City Realty

Listing updated October 30, 2024 at 10:45 am
Last checked 18 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Presented By
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