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1027 Lake Avenue, Fort Wayne, IN 46805 Photo
1027 Lake Avenue, Fort Wayne, IN 46805 Photo
1027 Lake Avenue, Fort Wayne, IN 46805 Photo
1027 Lake Avenue, Fort Wayne, IN 46805 Photo
1027 Lake Avenue, Fort Wayne, IN 46805 Photo
1027 Lake Avenue, Fort Wayne, IN 46805 Photo

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$289,000
Status: Active
1027 Lake Avenue Fort Wayne, IN 46805
  • 4
    Bedrooms
  • 4
    Total Baths
  • 2,448
    Square Feet
  • 0.16
    Acres
  • 1900
    Year Built
  • HOA

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.

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Listed By / Shown By

Listed By

Broker Name: Trueblood Real Estate, LLC.
Broker Contact: Cell: 260-267-8220
Agent Name: Richard Rutledge

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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Property Features

MLS Number: 202617710
Subdivision: Lakeside Park
County: Allen
Bedrooms: 4
Total Square Feet: 2,448
Style: Fourplex
New Constuction: No
Construction: Wood
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full Basement, Unfinished
Cooling: Window
Heating: Hot Water
Lot Size: 0.16 Acres
Roof Type: Asphalt
Stories: 2.0
Year Built: 1900

Feature Descriptions

Above Grade Finished SQFT: 2448
Amenities: Basement
Days on CressyEverett.com: 3
Exterior: Wood
Home Style: Fourplex
Location: City/Town/Suburb
Lot: Level
Lot Dimensions: 45X150
Owner Pays: Electric, Fuel, Sewer, Water
Sale Inclusions: Building, Land, Lease
Sewer: City
Total Finished SQFT: 2448
Units: 4
Water: City

Location

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Estimated Payment

$ 1,515.36 per month $1,431.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $84.29 Homeowner's Insurance

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