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1027 Lake Avenue

Fort Wayne, IN 46805
  • $199,900
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 202312558
Price Reduced
UPDATED: 23 min ago
$199,900
  • 4
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,448
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Brandon Stone of Century 21 Bradley Realty, Inc: Cell: 260-446-5159.

Description

Here's a chance to own 1027 Lake Ave. This fully occupied spacious 4 plex is within walking distance to Lakeside Park! The roof is newer and the units are all in fair condition. Long term tenants in place, the new owner will see immediate return on investment. Each unit is rented $450 - $450 - $450 - $420. Owner is currently paying utilities, they run an average of $350-$450 Monthly. 4 Private parking spaces in the back. Please do not bother the tenants.

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© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2023-06-09T09:28:10.26.

www.parkerteamhomes.com/homes/138821633
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1027 Lake Avenue Fort Wayne, IN 46805

  • Price: $199,900
  • Status: Active
  • On Site: 45 Days
  • Updated: 23 min ago
  • MLS #: 202312558
4
Beds
4
Baths
0
½ Baths
0.15
Acres
2,448
SQFT
$82
$/SQFT
1900
Built
Neighborhood:
Lakeside Park
County:
Allen
Area:
Allen
Elementary School:
Forest Park
Middle School:
Lakeside
High School:
North Side
School District:
Fort Wayne Community
Property Description
Here's a chance to own 1027 Lake Ave. This fully occupied spacious 4 plex is within walking distance to Lakeside Park! The roof is newer and the units are all in fair condition. Long term tenants in place, the new owner will see immediate return on investment. Each unit is rented $450 - $450 - $450 - $420. Owner is currently paying utilities, they run an average of $350-$450 Monthly. 4 Private parking spaces in the back. Please do not bother the tenants.
Exterior Features

Exterior Aluminum Location City/Town/Suburb Lot Description Planned Unit Development Lot Dimensions 45X150 Outbuilding None Parking Private Parking Spaces 4 Pool YN No Roof Material Asphalt Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Unit4 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2448 Above Grade Unfin Sq Ft 0 Amenities BasementNear Walking TrailPorch Covered Basement Foundation Unfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1300 Cooling Window Dishwashers 0 Disposals 0 Dryers 1 Flooring CarpetVinyl TileVinyl Heating Fuel Hot Water Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 1300 Total Sq Ft 3748 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 600 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 600 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 600 Unit4 Basement YN Yes Unit4 Bedrooms 1 Unit4 Sq Ft 600 Wash Dry Hookups 1 Washers 1

Property Features

Annual Electric Expense 1200 Annual Fuel Expense 1200 Annual Gross Rent 21240 Annual Insurance Expense 800 Annual Maint Expense 500 Annual Misc 0 Annual Net Income 13556 Annual Property Tax 2784 Annual Trash Expense 0 Annual Water Sewer Exp 1200 Assoc Dues Frequency Not Applicable Auction Y / N No Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Company Aep/I&Amp;M Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Nipsco Gas Meters 1 Gross Monthly Income 1770 Gross Monthly Rent 1770 Lease Term Month To Month New Construction No One Bedrooms 4 Owner Pays ElectricHeatingLawn MaintenanceSewerTrash CollectionWater Owner Real Estate License YN Yes Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Sale Includes LeaseOther Sewer City Tenant Pays None Three Bedrooms 0 Township Wayne Two Bedrooms 0 Unit1 Unit Rent 450 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 1 Unit1- Garage Y / N No Unit2 Unit Rent 450 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 420 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4 Unit Rent 450 Unit4- Currently Rntd Y / N Yes Unit4- Garage /#of Cars 1 Unit4- Garage Y / N No Units Rented 4 Water Company Fort Wayne City Utilities Water Meters 1 Water Utility City Year Taxes Payable 2022

Listing provided by Brandon Stone of Century 21 Bradley Realty, Inc: Cell: 260-446-5159.

© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2023-06-09T09:28:10.26.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Brandon Stone of Century 21 Bradley Realty, Inc: Cell: 260-446-5159.