www.housesinfortwayne.com/homes/138821633
1027
Lake Avenue
Fort Wayne,
IN
46805
Neighborhood:
Lakeside Park
Elementary School:
Forest Park
School District:
Fort Wayne Community
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
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
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
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 Barnes Real Estate Services | North Eastern Group 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 Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-06-08T00:27:58.847.
