616 W Superior Street
Property Description
Once-in-a-Lifetime Investment & Historic Masterpiece in Downtown Fort Wayne!First time on the market since 2007! This grand Greek Revival historic landmark-originally built by famed architect Henry Williams for Hugh McCulloch, who once served as the Secretary of the Treasury under Presidents Abraham Lincoln, Andrew Johnson and Chester Arthur-presents a truly rare acquisition opportunity. Rich in local history, this landmark property has evolved over the decades, having served as a distinguished private estate, the Fort Wayne College of Medicine, the Fort Wayne Turners, the International Brotherhood of Electrical Workers, and even a commercial retail space.Today, it is operating as a thriving, turnkey Airbnb featuring 5 units and 13 total bedrooms. Located right on the downtown edge, directly adjacent to the vibrant Riverfront development, Promenade Park, and just steps off the bustling Wells Street Corridor, the location couldn't be more prime.Key Property DetailsPrice / Availability: First time offered for sale since 2007Total Units: 5 Independent UnitsTotal Bedrooms: 13 BedroomsUnit Mix:Two 3-Bed / 2-Bath UnitsOne 3-Bed / 1-Bath UnitTwo 2-Bed / 1-Bath UnitsCondition: Undergone an immense amount of modern updates throughout while retaining its magnificent historic character.Parking: Ample on-site parking for residents and guests.Unmatched Versatility & Investment PotentialTurnkey Airbnb Operation: Generating income from day one as a short-term rental. Projected annual income to be $141,588 for 2026. House-Hacker's Dream: Live in one of the spacious 3-bedroom units while the remaining 4 units cover your mortgage and expenses.Flexible Downtown Edge Zoning: Enjoy almost unlimited options for future use-whether continuing as short-term rentals, converting to long-term apartments, establishing commercial/retail space, or restoring it into an iconic private downtown estate.Turnkey Option Available: All furniture is included with a strong offer! (Additional personal property is TBD).Location HighlightsPromenade Park & Riverfront Development: Located immediately adjacent to Fort Wayne's premier riverfront destination.Wells Street Corridor: Walking distance to local dining, boutique shopping, and nightlife.Downtown Edge: Seamless access to the heart of downtown Fort Wayne's commercial and entertainment districts.For detailed information on the extensive zoning opportunities, historical documents, and
Broker Details
eXp Realty, LLC 812-734-6048
MLS ID: 51918 State License Number: RB19001056
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $999,900 |
| No. of Units: | 5 |
| Year Built: | 1843 |
| Lot Size: | 11,691.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $199,980 |
| Number of Bedrooms: | 13 |
| Number of Bathrooms: | 7 |
ID: 3yd-FWAARIN-202633744
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