PENDING
1219 Taylor St
Fort Wayne, IN 46802
Michigan Avenue
4 Beds
2 Baths
1,652 sqft
- 4 Beds
- 2 Baths
- 1,652 sqft
4 Beds
2 Baths
1,652 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
Great 10%+ cap rate, rare in today's competitive investment market. Welcome to your opportunity to invest in a prime income-producing property nestled in the heart of downtown Fort Wayne! This fully rented duplex offers a lucrative return on investment, with a total monthly gross rent of $1770! Boasting a strategic location just a stone's throw away from the vibrant Electric Works complex, tenants will relish the convenience of urban living while enjoying the allure of nearby entertainment, dining, and cultural hotspots. Whether you're a seasoned investor or diving into real estate for the first time, this duplex promises steady cash flow and long-term appreciation potential. Don't miss out on securing your slice of Fort Wayne's flourishing rental market – seize this opportunist gem today.
Home Highlights
Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
No HOA Fee
Price/Sqft
No Info
Listed
69 days ago
Home Details for 1219 Taylor St
Active Status |
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MLS Status: Pending |
Interior Features |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1652 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Concrete, Laminate |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Concrete, Laminate |
Exterior Features |
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Exterior Home Features Other Structures: NoneFoundation: Basement |
Parking & Garage No CarportNo Attached GarageParking Spaces: 2 |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 1652 Square Feet |
Days on Market |
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Days on Market: 69 |
Property Information |
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Year Built Year Built: 1905 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: AsphaltNot a New ConstructionDoes Not Include Home Warranty |
Property Information Included in Sale: Building, Land, LeaseParcel Number: 021210432001.000074 |
Price & Status |
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Price List Price: $139,900 |
Status Change & Dates Off Market Date: Tue Apr 09 2024 |
Media |
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Location |
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Direction & Address City: Fort WayneCommunity: B D Miners |
School Information Elementary School: StudyElementary School District: Fort Wayne CommunityJr High / Middle School: KekiongaJr High / Middle School District: Fort Wayne CommunityHigh School: South SideHigh School District: Fort Wayne Community |
Agent Information |
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Listing Agent Listing ID: 202405039 |
Building |
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Building Area Building Area: 2401 Square Feet |
Lot Information |
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Lot Area: 0.1 Acres |
Offer |
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Listing Terms: Cash, Conventional |
Business |
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Expense Tenant Pays: Other |
Rental |
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Lease Term: 12 MonthsOwner Pays: Electricity, Heating, Sewer, Taxes, Water |
Miscellaneous |
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BasementMls Number: 202405039Attribution Contact: Cell: 260-267-8220 |
Last check for updates: about 9 hours ago
Listing courtesy of Richard Rutledge, (260) 267-8220
CENTURY 21 Bradley Realty, Inc
Source: IRMLS, MLS#202405039
Price History for 1219 Taylor St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/10/2024 | $139,900 | Pending | IRMLS #202405039 |
| 03/07/2024 | $139,900 | PriceChange | IRMLS #202405039 |
| 02/17/2024 | $144,900 | Listed For Sale | IRMLS #202405039 |
| 06/11/2021 | $83,500 | Sold | IRMLS #202124398 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $890 |
| Assessment | $95,400 |
Home facts updated by county records
Comparable Sales for 1219 Taylor St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $125,000 | 05/19/23 | 3 | 2 | 1,288 | |
0.37 | Multi-Family Home | $166,500 | 01/19/24 | 4 | 2 | 1,708 | |
0.42 | Multi-Family Home | $95,000 | 01/02/24 | 4 | 2 | 1,975 | |
0.34 | Multi-Family Home | $38,500 | 11/06/23 | 5 | 2 | 1,928 | |
0.43 | Multi-Family Home | $150,000 | 01/03/24 | 4 | 2 | 1,534 | |
0.68 | Multi-Family Home | $90,000 | 08/16/23 | 3 | 2 | 1,378 | |
0.62 | Multi-Family Home | $160,000 | 10/10/23 | 4 | 2 | 1,706 | |
0.54 | Multi-Family Home | $190,000 | 05/23/23 | 4 | 2 | 2,332 | |
0.81 | Multi-Family Home | $93,000 | 04/11/24 | 4 | 2 | 1,930 | |
0.86 | Multi-Family Home | $198,000 | 01/18/24 | 4 | 2 | 1,748 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Michigan Avenue
- Trulia User
- Visitor
- 9mo ago
"very friendly and diverse... people of all nations live together without a problem.. very quiet and safe. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Richard Rutledge, CENTURY 21 Bradley Realty, Inc
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Offer of compensation is made only to participants of the Indiana Regional Multiple Listing Service, LLC (IRMLS).
Offer of compensation is made only to participants of the Indiana Regional Multiple Listing Service, LLC (IRMLS).
1219 Taylor St, Fort Wayne, IN 46802 is a 4 bedroom, 2 bathroom, 1,652 sqft multi-family built in 1905. 1219 Taylor St is located in Michigan Avenue, Fort Wayne. This property is currently available for sale and was listed by IRMLS on Feb 17, 2024. The MLS # for this home is MLS# 202405039.