4910 Lake Avenue Fort Wayne, IN 46815 Pending

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Michael Fries
Michael Fries
(260) 413-6344
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Triplex • 61Y Old

$429,900

4910 Lake Avenue

6 Bedrooms
5 Bathrooms
4538 Sq Ft
1.38 Acre
Property Description

Great investment opportunity. This unique triplex offers a beautiful 2 bedroom house that is currently owner occupied, with 2 profitable rental units attached. Each rental unit offers 2 bedrooms and has a great history of renters. The entire property sits on a 1.38 acre lot, has a gorgeous and well maintained 20x40 in ground pool, pool shed, gazebo, 3 car detached garage, and large asphalt driveway providing plenty of parking space for tenants and guests. The inground pool has recently had the deep end shallowed, making the pool 4 ft deep all the way across. This property has had various updates over the past several years including: new roof and new asphalt driveway in the last 5 years, and a newer furnace and a/c. Inside the main home offers a neat contemporary style with granite counter tops in the kitchen, fresh paint in various rooms, and vaulted ceilings throughout. There is an upper apartment and lower apartment that are currently leased out but have expired leases. Fair market rent would likely be $1,200 & $1,000 for the 2 rental units, and $1500 for the main house if the new owner chose to rent it out as well. Renters currently do not pay their own utilities.

Directions

From W. Coliseum: turn left onto Lake Ave., home on right.

Map to 4910 Lake Avenue, Fort Wayne, IN 46815

Property
MLS # 202137821
Status Pending
Property Type Investment
Property SubType Triplex
Square Feet 4538 Sq Ft
New Construction No
Style Tri-Level
Type Triplex
Bedrooms 6
Bedrooms 5
Annual Taxes $1,750.00
Year Taxes Payable 2021
Year Built 1960
Virtual Tour propertypanorama.com »
Days on Market 14
External Features
Construction Triplex
Lot Size 60,113 sq ft
Acreage 1.38 Acre
Lot Dimensions 310x240x55x182
Out Buildings Shed
Fence None
Location
Area Allen County
County Allen
Subdivision None
Township Adams
City Fort Wayne
State IN
Zip 46815
Schools
School District East Allen County
Elementary New Haven
Middle School New Haven
High School New Haven
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202137821.
Listing Provided Courtesy of Stacie Bellam-Fillman
Orizon Real Estate, Inc.

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated Thursday, September 23rd, 2021 at 8:30 PM EDT.

Learn More About 4910 Lake Avenue

Presented By
Michael Fries
Michael Fries
(260) 413-6344
Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Mike Thomas Associates about your request. Please see our Privacy Policy.