Sold for $430,000 Listed for $430,000
This property is not currently for sale or for rent.
Beautiful lakefront investment property boasting views of Pike Lake from every apartment! This impressive brick building accommodates four 2 bedroom 1 bathroom units with washer and dryer in each. The carport offers tenants sought after shelter from the elements. Each unit is separately metered so tenants pay their own utilities. Owner currently pays sewer, trash, lawn care, and snow removal. One unit is currently rented at $1100 and the other two at $1000/month leaving room for increases, plus the opportunity to bill back for water and other utilities. Additionally there is also income potential to lease out pier spaces. Recent improvements include a new metal roof three years ago and a new A/C unit this year.
From N Detroit St/IN 15, turn right onto E 200 N/Anchorage Rd, turn right onto Sunset Dr, Sunset Dr becomes Ross Ave. Property on the right.
MLS # | 202339976 |
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Date Listed | 2023-10-31 |
Status | Sold |
Property Type | Investment |
Property SubType | Fourplex |
Square Feet | 4358 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Bedrooms | 8 |
Bathrooms | 5 (4 Full, 1 Half) |
Annual Taxes | $5,140.00 |
Year Taxes Payable | 2023 |
Year Built | 1969 |
Days on Market | 66 |
Living Room | 4 × 0 | Level |
Family Room | 1100 × 1000 | Level |
Kitchen | 1100 × | Level |
4th Bedroom | 4 × 4 | Level |
5th Bedroom | 4 × 4 | Level |
Recreation Room | 4 × 0 | Level |
Extra Room | 4 × 4 | Level |
Full Baths | 8 Main |
Construction | Fourplex |
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Lot Size | 28,314 sq ft |
Acreage | 0.65 Acres |
Lot Dimensions | 132X213.7 |
Fence | None |
Area | Kosciusko County |
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County | Kosciusko |
Subdivision | Lakeside Park |
Township | Wayne |
City | Warsaw |
State | IN |
Zip | 46580 |
School District | Warsaw Community |
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Elementary | Harrison |
Middle School | Lakeview |
High School | Warsaw |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202339976
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
Cell: 574-742-4531
Listing updated January 8, 2024 at 11:00 am
Last checked 9 minutes ago