2205 Broadway

Fort Wayne, IN 46802

$274,900
Price
5
Beds
5
Baths
3,188 Sq. Ft.
$86 / Sq. Ft.
3,188
Sq. Ft.
$86
per Sq. Ft.

Description

Seller will entertain land contract offers with sizeable down payment Cash flowing five-plex within walking distance to Electric Works. The front two units were converted to one big office space that is currently owner occupied (could be converted back) 3 Units currently tenant occupied at $1750/ M, investors will see immediate ROI. Owner pays utilities and lawn care. Zoned C2. This property can be purchased individually or part of package with 2120 Broadway (3 plex), 2128 Broadway (Commercial warehouse),...Seller will entertain land contract offers with sizeable down payment Cash flowing five-plex within walking distance to Electric Works. The front two units were converted to one big office space that is currently owner occupied (could be converted back) 3 Units currently tenant occupied at $1750/ M, investors will see immediate ROI. Owner pays utilities and lawn care. Zoned C2. This property can be purchased individually or part of package with 2120 Broadway (3 plex), 2128 Broadway (Commercial warehouse), 2130 Broadway (6 unit). Opportunity and potential awaits.
  1. Listed by Brandon Stone • CENTURY 21 Bradley Realty, Inc

Property Details for 2205 Broadway

Style
Two and Half Story
Subdivision
Fox(s)
Waterfront
No
Pet Restrictions
No

Location

Listing Courtesy of CENTURY 21 Bradley Realty, Inc
Add your commute
LISTING UPDATED: 04/23/2024 01:49 PM

Property Details for 2205 Broadway

StatusActive
MLS #202401262
Days on Market88
Taxes$3,439 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1920
Lot Size0.13 AC / 5,663 SF
CountyAllen County

Location

Listing Courtesy of CENTURY 21 Bradley Realty, Inc
Add your commute

Building Information for 2205 Broadway

Stories2Residences5Year Built1920Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$1,787 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,500

Property Taxes

$287

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2205 Broadway

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46802
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18003
  • Directions To Property: Broadway, south of downtown. Home is on the left
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-12-11-309-001.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Fairfield
  • Middle School: Kekionga
  • High School: Wayne
Parking
  • Number Of Parking Spaces: 5
  • Parking: Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.13
  • Lot Dimensions: 50x117
  • Below Grade Unfin Sqft: 1679.0
  • Total Square Feet: 6334.0
  • Approx Lot Size Sqft: 5663.0
  • Above Grade Finished Sqft: 3188.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1679.0
  • Total Finished Sqft: 3188.0
  • Above Grade Unfin Sqft: 1467.0
  • Lot Description: Planned Unit Development
Property and Assessments
  • New Construction: No
  • Year Built: 1920
  • Age: 104
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Porch Covered
  • Exterior: Concrete, Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Asphalt
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 5
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Window
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Heating/Fuel: Forced Air
  • Stories: 3
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 3
  • Num of Units Rented: 5
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $1,000.00
  • Annual Fuel Expense: $1,000.00
  • Annual Gross Rent $: $21,000
  • Annual Insurance Expense: $1,000
  • Annual Maint. Expense: $500
  • Annual Misc: $0
  • Annual Net Income: $13,061
  • Annual Property Tax: $3,439
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $1,000
  • Gross Monthly Income: $1,750
  • Gross Monthly Rent: $1,750
Unit Information
Unit 3
  • Unit 3-Currently Rented: Yes
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 1
  • Unit 3-Unit Rent $: $650
Unit 4
  • Unit 4-Currently Rented: Yes
  • Unit 4-Lease Exp Date: 04-30-2024
  • Unit 4-Level: Upper
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $550
Unit 5
  • Unit 5-Currently Rented: Yes
  • Unit 5-Level: Upper
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Rent $: $550
Rental
Rental Information
  • Lease Term: Month to Month, Other
  • Owner Pays: Electric, Fuel, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: None

Property History for 2205 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2205 Broadway

Taxable ValueLand$20,900Additions$132,500Total$153,400
Tax Record2023$3,507 ($292 / month)
Home Facts
Baths4Total Finished SqFt3,188 SqFtAbove Grade Finished SqFt3,188 SqFtStories2Lot Size5,850 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920Year Renovated1960CountyALLENAPN02-12-11-309-001.000-074Fireplace TypeHas Fireplace

Schools near 2205 Broadway

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 - 9 to 12
Rating
School
Distance
Fairfield Elementary School
PublicPK to 5

Kekionga Middle School
Public6 to 8

South Side High School
Public9 to 12

Anthis Career Center
Public9 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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2205 Broadway is a multi-family home for sale in Fort Wayne, IN 46802. This property was listed for sale on January 11, 2024 by CENTURY 21 Bradley Realty, Inc, it's currently listed at $274,900. It has been on the market for a total of 88 days and was last sold on January 8, 2019. This listing's school district is Fort Wayne Community Schools. Nearby schools include Fairfield Elementary School, Kekionga Middle School and South Side High School. 2205 Broadway is a 5-bed, 5-bath, 3,188 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.