This fully occupied turnkey 4-Plex is the kind of investment opportunity that rarely hits the market. Generating an impressive $3,937.00 monthly gross income and $33,620.00 NET annual income after all expenses. It it assessed at over $321,400.00. Ideally positioned in the heart of the highly desirable 46805 district, you're just a short walk from Lakeside Park and only minutes from the energy, dining, and entertainment of downtown Fort Wayne. With a freshly painted exterior in 2024 and all units rehabbed prior to tenant occupancy featuring updated paint, carpet, and appliances as needed, this property offers the perfect blend of charm, stability, and cash flow. Well-maintained, income-producing, and aggressively priced for the value offered, this is a prime opportunity for both seasoned investors and buyers looking to expand their portfolio with confidence. Opportunities like this don't last long.
Listed By
Broker Name: Trueblood Real Estate, LLC.
Broker Contact: Cell: 260-267-8220
Agent Name: Richard Rutledge
Shown By
Agent Name: Tricia Miller
Agent Phone: (574) 320-9380
Broker Title: Cressy & Everett Real Estate
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Estimated Payment
$ 1,620.23 per month $1,530.10 Principal & Interest $0.00 Property Tax (data not provided by mls) $90.13 Homeowner's InsuranceSend an email with a link to
1011 Lake Avenue, Fort Wayne, IN 46805.
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