1027 Lake Avenue, Fort Wayne, IN 46805-4388
1027 Lake Avenue, Fort Wayne, IN 46805-4388
1027 Lake Avenue, Fort Wayne, IN 46805-4388
3
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$289,000
Est. payment /mo
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4 Beds
4 Baths
2,448 SqFt
Pending

1027 Lake Avenue Fort Wayne, IN 46805-4388

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Travis Maassen

Travis Maassen

+1(260) 234-0358

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,448 sqft

Subdivision Lakeside Park

MLS Listing ID 202617710

Style Two Story

Bedrooms 4

Full Baths 4

Abv Grd Liv Area 2,448

Total Fin. Sqft 2448

Year Built 1900

Annual Tax Amount $1,704

Tax Year 2026

Lot Size 6,969 Sqft

Property Sub-Type Fourplex

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.

Location

State IN

County Allen County

Area Allen County

Direction Property is right side of one-way street (Lave Ave) heading west towards downtown, and is marked well with signage.

Rooms

Family Room 925 x 925

Dining Room 0 x 925

Kitchen , 944

Interior

Flooring Carpet, Vinyl

Fireplaces Number 2

Appliance Building, Land, Lease

Laundry , 6

Exterior

Garage Spaces 1.0

Amenities Available Basement

Roof Type Asphalt

Total Parking Spaces 6

Building

Lot Description Level

Story 2

Structure Type Wood

New Construction No

Schools

Elementary Schools Forest Park

Middle Schools Lakeside

High Schools North Side

School District Fort Wayne Community

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202617710

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Richard Rutledge • Trueblood Real Estate, LLC. • Cell: 260-267-8220

NEARBY SCHOOL & BUSINESS

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Travis Maassen

Travis Maassen

Broker | License ID: RB23000211

+1(260) 234-0358

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1027 Lake Avenue