1027 Lake Avenue, Fort Wayne, IN 46805

$289,000
4
BD
4
BA
3,574
SqFt

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List Price
$289,000
Status
ACTIVE
MLS#
202617710
Days on Market
17
Style
Two Story
Year Built
1900
Days On Market
17
Bedrooms
4
Bathrooms
4
Living Area
3,574
Above grade
2448
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
$1,704
Exterior
Wood
Heating
Hot Water
Cooling
Window
Appliances
Building, Land, Lease
Flooring
Carpet, Vinyl
Amenities
Basement
School District
Fort Wayne Community
Elementary School
Forest Park
Middle School
Lakeside
High School
North Side
Agent Name
Richard Rutledge

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

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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