1660 St Joseph Boulevard

Fort Wayne, IN 46805

$550,000
Price
10
Beds
5
Baths
4,550 Sq. Ft.
$121 / Sq. Ft.
4,550
Sq. Ft.
$121
per Sq. Ft.

Description

In the market for your next income-generating property? Check out this charming 1951 original brick 5-unit apartment building, newly renovated and located near downtown Fort Wayne, right along the scenic St. Joe River. This property features modern updates throughout, with each unit offering front and back entrances for added convenience. Four of the five units are currently occupied, so you’ll enjoy immediate income potential. The seller has taken great care of this property, resolving and paying...In the market for your next income-generating property? Check out this charming 1951 original brick 5-unit apartment building, newly renovated and located near downtown Fort Wayne, right along the scenic St. Joe River. This property features modern updates throughout, with each unit offering front and back entrances for added convenience. Four of the five units are currently occupied, so you’ll enjoy immediate income potential. The seller has taken great care of this property, resolving and paying for all prior code violations. There's also a detached garage with four private bays, perfect for additional rental income. Sitting on half an acre, this property provides room for expansion. With completed surveys, CAD plans, and engineering quotes, you're ready to add eight more units to maximize its earning potential. Don’t miss this opportunity to own a property that’s ready to generate income from day one—with even more potential for the future!
  1. Listed by Cheyenne Moss • JM Realty Associates, Inc.
  2. Listed by Jerry Starks • JM Realty Associates, Inc.

Property Details for 1660 St Joseph Boulevard

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 12/20/2024 11:24 PM

Property Details for 1660 St Joseph Boulevard

StatusActive
MLS #202447689
Days on Market3
Taxes$7,490 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Sixplex
Year Built1951
Lot Size0.42 AC / 18,331 SF
CountyAllen County

Building Information for 1660 St Joseph Boulevard

Stories2Residences5Year Built1951Building Size-Lot Size0.42 AC / 18,331 SF

Property Information for 1660 St Joseph Boulevard

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip + 4: 4282
  • Zip Code: 46805
  • City Zoning: R3
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Zoning Description: Multi-Family Residential Development
  • Fips Code: 18003
  • Directions To Property: From Spy run Ave, right on Tennessee, left on St Joe
Taxes and HOA
  • Assessed Value $: $312,000.00
  • Association Dues $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2024
  • Parcel Number Id: 02-07-36-381-001.000-074
School Information
  • School District: Fort Wayne Community
  • Elementary: Franke Park
  • Middle School: Lakeside
  • High School: North Side
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Sixplex
  • Approx Lot Size Acres: 0.42
  • Lot Dimensions: 110x193
  • Below Grade Unfin Sqft: 900.0
  • Total Square Feet: 5450.0
  • Approx Lot Size Sqft: 18331.0
  • Above Grade Finished Sqft: 3600.0
  • Below Grade Finished Sqft: 950.0
  • Total Below Grade Sqft: 1850.0
  • Total Finished Sqft: 4550.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Waterfront
Property and Assessments
  • New Construction: No
  • Year Built: 1951
  • Age: 73
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Citizens Water
  • Water Utility: City
  • Water Type: River
  • Water Access: Riverfront
  • Water Name: Saint Joseph River
Interior and Exterior Features
Exterior Features
  • Amenities: ADA Features, Near Walking Trail, Storage, Countertops-Laminate, Water Heater Gas
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 5
  • Number of Refrigerators: 5
  • Number of W/D Hookups: 2
  • Number of Washers: 2
  • Basement Material: Poured Concrete
  • Basement: Yes
  • Basement/Foundation: Partially Finished
  • Cooling: None
  • Flooring: Carpet, Laminate
  • Heating/Fuel: Gas
  • Stories: 2
  • Number of Above Grade Bedrooms: 8
  • Number of Below Grade Baths: 1
  • Number of Below Grade Bedrooms: 2
  • Total Number of Bedrooms: 10
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 7
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 5
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Buildings: 1
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $2,400.00
  • Annual Fuel Expense: $2,400.00
  • Annual Gross Rent $: $60,000
  • Annual Insurance Expense: $4,447
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $39,663
  • Annual Property Tax: $7,490
  • Annual Trash Expense: $1,200
  • Annual Water/Sewer Exp: $2,400
  • Gross Monthly Income: $5,000
  • Gross Monthly Rent: $5,000
Unit Information
Unit 1
  • Unit 1 SqFt: 900
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 6
  • Unit 1-Currently Rented: No
  • Unit 1-Laundry Room: Basement
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1
  • Unit 1-Unit Rent $: $1,100
Unit 2
  • Unit 2 SqFt: 900
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 6
  • Unit 2-Currently Rented: Yes
  • Unit 2-Laundry Room: Basement
  • Unit 2-Lease Exp Date: 09-09-2025
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 2
  • Unit 2-Unit Rent $: $1,043
Unit 3
  • Unit 3 SqFt: 900
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 6
  • Unit 3-Currently Rented: Yes
  • Unit 3-Laundry Room: Basement
  • Unit 3-Lease Exp. Date: 04-01-2025
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 3
  • Unit 3-Unit Rent $: $950
Unit 4
  • Unit 4 SqFt: 900
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 6
  • Unit 4-Currently Rented: Yes
  • Unit 4-Laundry Room: Basement
  • Unit 4-Lease Exp Date: 09-04-2025
  • Unit 4-Level: Upper
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 4
  • Unit 4-Unit Rent $: $895
Unit 5
  • Unit 5 SqFt: 940
  • Unit 5-Num of Bedrooms: 2
  • Unit 5-Num of Rooms: 6
  • Unit 5-Currently Rented: Yes
  • Unit 5-Laundry Room: Basement
  • Unit 5-Lease Exp Date: 04-01-2025
  • Unit 5-Level: Below
  • Unit 5-Rent Frequency: Monthly
  • Unit 5-Unit Number: 5
  • Unit 5-Unit Rent $: $1,100
Rental
Rental Information
  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Fuel

Property History for 1660 St Joseph Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1660 St Joseph Boulevard

Taxable ValueLand$55,000Additions$257,000Total$312,000
Tax Record2023$7,490 ($624 / month)
Home Facts
Total Finished SqFt5,550 SqFtAbove Grade Finished SqFt5,550 SqFtStories3Lot Size18,331 SqFtStyleMulti-Family Res (5+ Units)Year Built1951CountyALLENAPN02-07-36-381-001.000-074

Schools near 1660 St Joseph Boulevard

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
Forest Park Elementary School
PublicPK to 5

Lakeside Middle School
Public6 to 8

North 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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1660 St Joseph Boulevard is a multi-family home for sale in Fort Wayne, IN 46805. This property was listed for sale on December 19, 2024 by JM Realty Associates, Inc., it's currently listed at $550,000. It has been on the market for a total of 3 days and was last sold on October 14, 2022. This listing's school district is Fort Wayne Community Schools. Nearby schools include Forest Park Elementary School, Lakeside Middle School and North Side High School. 1660 St Joseph Boulevard is a 10-bed, 5-bath, 4,550 sqft multi-family home built in 1951.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of JM Realty Associates, 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.