616 Mechanic St, Fort Wayne, IN 46808
FOR SALE

616 Mechanic St
Fort Wayne, IN 46808

Nebraska
  • 5 Beds
  • 4 Baths
  • 2,062 sqft
  • 5 Beds
  • 4 Baths
  • 2,062 sqft

$199,999

Original price: $205,000
Est. Mortgage $1,265/mo*
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Local Information

map showing home location
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Commute Destination

Description

Are you a seasoned investor looking to expand your portfolio or a first-time investor seeking an investment opportunity? Welcome to this fantastic 4-plex in a prime location! Nestled within walking distance to downtown and other amenities, this four-unit property offers convenience and potential for lucrative returns. With three units rented you can start generating income immediately. New roof (Shingles only) in 2020. Home Warranty Included. Schedule your showing today!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
No HOA Fee
Price/Sqft
No Info
Listed
80 days ago

Home Details for 616 Mechanic St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2062 Square Feet
Heating & Cooling
Heating: Natural Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Other, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Laminate, Other, Vinyl

Exterior Features

Exterior Home Features
Other Structures: NoneFoundation: Basement
Parking & Garage
No CarportNo Attached Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 2062 Square Feet

Days on Market

Days on Market: 80

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: AsbestosNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: LeaseParcel Number: 021203409012.000074

Price & Status

Price
List Price: $199,999

Media

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Location

Direction & Address
City: Fort WayneCommunity: Herbert E Eckarts
School Information
Elementary School: WashingtonElementary School District: Fort Wayne CommunityJr High / Middle School: PortageJr High / Middle School District: Fort Wayne CommunityHigh School: WayneHigh School District: Fort Wayne Community

Agent Information

Listing Agent
Listing ID: 202404040

Building

Building Area
Building Area: 2587 Square Feet

Lot Information

Lot Area: 0.06 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Heating, Sewer, Trash Collection, Water

Rental

Lease Term: Month To Month, 12 MonthsOwner Pays: Insurance, Electricity, Heating, Grounds Care, Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 202404040Attribution Contact: Cell: 260-704-5754
Last check for updates: about 16 hours ago
Listing courtesy of Sara Arevalo, (260) 704-5754
CENTURY 21 Bradley Realty, Inc
Eddie Arevalo
CENTURY 21 Bradley Realty, Inc
Source: IRMLS, MLS#202404040

Price History for 616 Mechanic St

DatePriceEventSource
04/22/2024$199,999PendingToActiveIRMLS #202404040
04/05/2024$199,999PendingIRMLS #202404040
04/03/2024$199,999PriceChange
IRMLS #202404040
03/09/2024$205,000PriceChange
IRMLS #202404040
02/20/2024$210,000PriceChange
IRMLS #202404040
02/08/2024$240,000Listed For SaleIRMLS #202404040
09/09/2022$210,000ListingRemovedIRMLS #202228047
09/01/2022$210,000Listed For SaleIRMLS #202228047
07/13/2022ListingRemovedIRMLS #202228047
07/08/2022$210,000Listed For SaleIRMLS #202228047
09/11/2020$107,000Sold
N/A
05/24/2020$117,000Listed For SaleAgent Provided
05/23/2013$16,000Sold
N/A
03/13/2013$18,180Listed For SaleAgent Provided
02/18/2013$35,009Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$2,681
Assessment$85,500
Home facts updated by county records

Comparable Sales for 616 Mechanic St

Address
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Sold Price
Sold Date
Bed
Bath
Sqft
1226 Boone St, Fort Wayne, IN
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1,844
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3,165
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0.83
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$94,000
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2
1,562
1909 Bequette St, Fort Wayne, IN
0.39
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2
1,584
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2,232
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1,288

Neighborhood Overview

Nebraska
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Nebraska

  • Trulia User
    "There is a lot of barking due to many dogs living in this neighborhood. Some dog owners do not pick up after their dogs. "
    11
    Flag
  • Linda M.
    "People are walking their dogs all the time. The people are very friendly... great sidewalks to go for walks or biking..."
    21
    Flag
  • Bronson.long
    "Most dogs and people are friendly. There are sidewalks in most of the neighborhood, but there is broken glass around a lot of the area."
    3
    Flag
  • Deanna S. W.
    "Wonderful community with friendly people. Great school! 2 great churches and volunteer fire department in town."
    15
    Flag
  • Quanbrabson7
    "The area is nice and quiet, that is wonderful for myself because I work 3rd shift. Love the fact the streets are clean and everyone is to themselves. No loud parties, no vandalism no high crime rate. perfect for my family and I."
    25
    Flag

LGBTQ Local Legal Protections

Sara Arevalo, 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).
616 Mechanic St, Fort Wayne, IN 46808 is a 5 bedroom, 4 bathroom, 2,062 sqft multi-family built in 1920. 616 Mechanic St is located in Nebraska, Fort Wayne. This property is currently available for sale and was listed by IRMLS on Feb 8, 2024. The MLS # for this home is MLS# 202404040.