Sold for $249,000 Listed for $249,000
This property is not currently for sale or for rent.
Finally there’s a multi-family investment property available on the market! Introducing 'Lake View Apartments' a four unit value-add building with 66 feet of Center Lake frontage. The extra large main floor apartment has nearly 1900 sq feet and lends itself towards owner occupancy with the opportunity to have other tenants pay living expenses or as the anchor to this solid investment. All units are in tenantable condition and are below market rents. Take advantage of the opportunity to increase rents as-is or to renovate and significantly increase rents. There is even potential for redevelopment into Short Term Rentals and see a tremendous return on your investment by inviting guests to enjoy the waterfront property. Lake View Apartments are within walking distance to downtown restaurants, shopping, and Center Lake Park where many community events can be enjoyed. Separately metered units means tenants are paying their own gas & electric.
Head E on W Winona Ave Turn left onto S Lake St In 0.7 miles, property is on the right.
MLS # | 202121570 |
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Status | Sold |
Property Type | Investment |
Property SubType | Fourplex |
Square Feet | 4655 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 6 |
Bathrooms | 4 |
Annual Taxes | $1,500.00 |
Year Taxes Payable | 2021 |
Year Built | 1900 |
Days on Market | 59 |
Family Room | 500 × 500 | Level |
Kitchen | 700 × | Level |
4th Bedroom | 3 × 3 | Level |
5th Bedroom | 4 × 4 | Level |
Recreation Room | 1 × 1 | Level |
Full Baths | 5 Main, 3 Upper |
Half Baths | 1 Main, 1 Upper |
Construction | Fourplex |
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Lot Size | 10,454 sq ft |
Acreage | 0.24 Acres |
Lot Dimensions | 152x66 |
Fence | None |
Area | Kosciusko County |
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County | Kosciusko |
Subdivision | Hood & Britton |
Township | Wayne |
City | Warsaw |
State | IN |
Zip | 46580 |
School District | Warsaw Community |
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Elementary | Washington |
Middle School | Edgewood |
High School | Warsaw |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202121570. 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 Provided Courtesy of James Bausch
RE/MAX Results- Warsaw
Listing information last updated Thursday, April 25th, 2024 at 6:15 PM EDT.