2624 Kroemer Rd

2,232 Sq. Ft.
$152 / Sq. Ft.
2,232
Sq. Ft.
$152
per Sq. Ft.

Description

Cash flow opportunity! This property includes a 2 bed 1 bath home with an effective 1 bed 1 bath built on. Along side is a carriage home with 1 bed 1 bath with a 2 car garage. Rents are currently under rate and can be raised as soon as purchased. 2 of the 3 units are occupied by long term tenants. Their lease is currently month to month. Efficiency currently pays 750 while the carriage house is paying 950. The ranch is unoccupied. All new wiring 10 years ago. New sewer 10 years ago. New roof 11 years...Cash flow opportunity! This property includes a 2 bed 1 bath home with an effective 1 bed 1 bath built on. Along side is a carriage home with 1 bed 1 bath with a 2 car garage. Rents are currently under rate and can be raised as soon as purchased. 2 of the 3 units are occupied by long term tenants. Their lease is currently month to month. Efficiency currently pays 750 while the carriage house is paying 950. The ranch is unoccupied. All new wiring 10 years ago. New sewer 10 years ago. New roof 11 years ago. all new plumbing and base board heating 10 years ago. New dry wall 10 years ago. Upgraded insulation. New dry wall. New bathroom remodels. New Paint. New carpet. Kitchen remodel. 200 Amp Service installed in 2022. This is an easy cash flow. Raise rents to market rate and make a great return.
  1. Listed by Tyler Dohner • CENTURY 21 Bradley Realty, Inc

Property Details for 2624 Kroemer Road

Style
Other
Architectural Style
Bungalow
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING CLOSED: 06/26/2024 12:00 AM

Property Details for 2624 Kroemer Road

StatusSold
MLS #202403425
Days on Market1
Taxes$1,463 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1917
Lot Size1.04 AC / 45,302 SF
CountyAllen County

Location

Listing Courtesy of CENTURY 21 Bradley Realty, Inc

Sold By CENTURY 21 Bradley Realty, Inc

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Building Information for 2624 Kroemer Road

Stories2Residences3Year Built1917Building Size-Lot Size1.04 AC / 45,302 SF

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Principal and Interest

$1,694

Property Taxes

$122

HOA Dues

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Property Information for 2624 Kroemer Road

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46818
  • State: IN
  • Township: Washington
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: US 30 west to Kromer Rd turn left south follow across Leesburg rd to dead end home on the left.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2023 - 2024
  • Parcel Number Id: 02-07-32-101-006.000-066
School Information
  • School District: Fort Wayne Community
  • Elementary: Price
  • Middle School: Portage
  • High School: Northrop
Parking
  • Number Of Parking Spaces: 12
  • Parking: Garage, Gravel, Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 1.04
  • Lot Dimensions: 280 x 400 x 60 x 300
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2232.0
  • Approx Lot Size Sqft: 45302.0
  • Above Grade Finished Sqft: 2232.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2232.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Irregular, Slope
Property and Assessments
  • New Construction: No
  • Year Built: 1917
  • Age: 107
  • Planned Unit Development: No
Green Features
  • Energy Efficient: Insulation, Roofing, Windows
  • Exemptions: No Exemptions
Utilities
  • Sewer: Septic
  • Water Company: Other
  • Water Utility: Well
Interior and Exterior Features
Exterior Features
  • Amenities: Ceiling Fan, Off Street Parking, Balcony, Countertops-Laminate, Garage Door Opener, Porch Open, Storm Doors, Water Heater Electric, Washer Hook-Up
  • Common Amenities: None
  • Driveway: Concrete, Gravel
  • Exterior: Aluminum, Vinyl, Wood
  • Fence: Barb Wire, Partial
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Dishwashers: 3
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 2
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: Wall AC, Window
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Heating/Fuel: Electricity, Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 2
  • Num of Units Rented: 3
  • Number of Buildings: 2
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $8,400.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $35,400
  • Annual Insurance Expense: $4,000
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $20,737
  • Annual Property Tax: $1,463
  • Annual Trash Expense: $800
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $2,950
  • Gross Monthly Rent: $2,950
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Owner
  • Unit 1-Garage: No
  • Unit 1-Gas: None
  • Unit 1-Lease Exp Date: 01-01-2024
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $750
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Owner
  • Unit 2-Garage Type: Attached
  • Unit 2-Garage: Yes
  • Unit 2-Garage/Num of Cars: 2
  • Unit 2-Gas: None
  • Unit 2-Lease Exp Date: 01-01-2024
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $950
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Basement: Yes
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Owner
  • Unit 3-Garage: No
  • Unit 3-Gas: None
  • Unit 3-Lease Exp. Date: 02-05-2025
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $1,250
Rental
Rental Information
  • Enrgy Efficient Win/Doors: Double Pane Windows
  • Lease Term: Month to Month
  • Owner Pays: Electric, Trash Collection
  • Tenant Pays: None

Property History for 2624 Kroemer Road

DateEvent & SourcePriceAppreciation
Jun 26, 2024

Sold

Indiana Regional MLS #202403425

$340,000
Jun 25, 2024

In Contract

Indiana Regional MLS #202403425

Apr 10, 2024

Pending

Indiana Regional MLS #202403425

DateEvent & SourcePrice
06/26/2024

Sold

Indiana Regional MLS #202403425

$340,000
06/25/2024

In Contract

Indiana Regional MLS #202403425

04/10/2024

Pending

Indiana Regional MLS #202403425

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2624 Kroemer Road

Taxable ValueLand$29,500Additions$263,800Total$293,300
Tax Record2025$4,801 ($400 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,602 SqFtAbove Grade Finished SqFt1,602 SqFtStories1Lot Size44,213 SqFtStyleSingle Family ResidenceYear Built1917Year Renovated1980CountyALLENAPN02-07-32-101-006.000-066Fireplace TypeHas Fireplace

Schools near 2624 Kroemer Road

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Francis M Price Elementary School
PublicPK to 5

Northwood Middle School
Public6 to 8

Northrop High School
Public9 to 12

Fort Wayne Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Bradley Realty, Inc

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.