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1034 Lake Avenue

Fort Wayne, IN 46805
  • $212,500
  • STATUS: Sold
  • ON SITE: 282 Days
  • MLS #: 202403047
Sold - 03/08/2024
$212,500
SOLD - 03/08/2024
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,381
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.

Description

Discover an ideal investment opportunity near downtown Fort Wayne! This fourplex sits in the Lakeside Park subdivision and is in close proximity to numerous parks, restaurants, lively entertainment, and the Rivergreenway walking trail. Open front porch with four fully rented units from $525 to $620/mo. Garage works as storage area for renters, and the driveway extends from Lake Ave to alley for extra parking. Dont miss out on this promising investment!

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© 2024 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 Team Melton | ERA First Advantage Realty. Data last updated: 2024-11-09T17:28:19.2.

www.movingwithteammelton.com/homes/147118055
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1034 Lake Avenue Fort Wayne, IN 46805

  • Price: $219,900
  • Status: Sold
  • On Site: 282 Days
  • Updated: 19 min ago
  • MLS #: 202403047
4
Beds
4
Baths
0
½ Baths
0.16
Acres
2,381
SQFT
$0
$/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
Discover an ideal investment opportunity near downtown Fort Wayne! This fourplex sits in the Lakeside Park subdivision and is in close proximity to numerous parks, restaurants, lively entertainment, and the Rivergreenway walking trail. Open front porch with four fully rented units from $525 to $620/mo. Garage works as storage area for renters, and the driveway extends from Lake Ave to alley for extra parking. Dont miss out on this promising investment!
Exterior Features

Exterior Aluminum Lot Description Level Lot Dimensions 45X150 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2381 Above Grade Unfin Sq Ft 0 Amenities Storage Basement Foundation Full Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 648 Cooling Wall ACNone Dishwashers 0 Disposals 0 Dryers 0 Flooring Carpet Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 648 Total Sq Ft 3029 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bedrooms 1 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 397.95 Annual Fuel Expense 492.31 Annual Gross Rent 25860 Annual Insurance Expense 1468.03 Annual Maint Expense 1250.5 Annual Misc 300 Annual Net Income 16122.15 Annual Property Tax 3820.76 Annual Trash Expense 0 Annual Water Sewer Exp 2008.3 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2155 Gross Monthly Rent 2155 Lease Term 1 Year New Construction No One Bedrooms 3 Owner Pays Building InsuranceFuelMaintenanceSewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fourplex Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays ElectricHeating Three Bedrooms 0 Township Wayne Two Bedrooms 1 Unit1 Unit Rent 620 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 485 Unit2- Garage Y / N No Unit3 Unit Rent 525 Unit3- Garage Y / N No Unit4 Unit Rent 525 Unit4- Garage Y / N No Units Rented 4 Water Utility City Year Taxes Payable 2023

Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.

© 2024 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 Team Melton | ERA First Advantage Realty.


© 2024 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 Team Melton | ERA First Advantage Realty. Data last updated: 2024-11-09T17:28:19.2.

 
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Listing provided by Jared Kent of Anthony REALTORS: Cell: 260-433-1015.