1027 Lake Ave, Fort Wayne, IN 46805-4388

$289,000
4
BD
4
BA
2,448
SqFt

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Listing courtesy of Richard Rutledge from Trueblood Real Estate, LLC.. Cell: 260-267-8220

List Price
$289,000
Status
PENDING
MLS#
202617710
Year Built
1900
Days On Market
Unknown
Bedrooms
4
Bathrooms
4
Living Area
2,448
Township
Wayne
Subdivision
Lakeside Park

Property Description

Turnkey 4-Plex in the heart of the desirable 46805 district, fully occupied and generating $3,719/month in gross income with a NET annual income of $28,025. Ideally located within walking distance of Lakeside Park, this well-priced downtown investment opportunity features a freshly painted exterior (2024) and rehabbed units with updated paint, carpet, and appliances as needed prior to tenant move-in. A well-maintained, income-producing property offering immediate cash flow and long-term potential.

Additional Information

Acres
0.16
Taxes
$6,125
Lot Features
Level
Water
City
Heating
Hot Water
Cooling
Window/Wall
Flooring
Carpet, Vinyl
School District
Fort Wayne Community
Elementary School
Forest Park
Middle School
Lakeside
High School
North Side
Agent Name
Richard Rutledge

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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