316 S Washington Street, Warsaw, IN 46580

$360,000
6
BD
6
BA
3,950
SqFt

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List Price
$360,000
Status
ACTIVE
MLS#
202619931
Days on Market
70
Style
Two Story
Year Built
1873
Days On Market
70
Bedrooms
6
Bathrooms
6
Living Area
3,950
Above grade
2836
Township
Wayne
Subdivision
Hood & Britton

Property Description

This 6-unit brick investment property offers an excellent opportunity to grow your portfolio with strong income potential and recent updates already in place! Over the last 18 months, many improvements have been completed throughout the property, including updated paint, durable and easy-to-maintain LVP flooring, new roof, and more. Five units feature 1 bedroom and 1 bathroom with practical layouts designed for comfortable everyday living and an efficiency unit rounds out the property. Investors will appreciate the attractive 12.94% CAP rate along with the low-maintenance brick exterior. Conveniently located near Downtown Warsaw, tenants can enjoy easy access to local shopping, restaurants, parks, and other amenities. Whether you’re looking to expand your rental portfolio or step into multifamily investing, this property offers strong returns and upside potential!

Additional Information

Acres
0.20
Taxes
$3,080
Exterior
Brick
Heating
Gas, Forced Air
Cooling
Central Air
Appliances
Building, Land
Flooring
Carpet, Vinyl
Amenities
Off Street Parking, Eat-In Kitchen
School District
Warsaw Community
Elementary School
Washington
Middle School
Edgewood
High School
Warsaw
Agent Name
James Bausch

Listing courtesy of James Bausch from RE/MAX Results. Cell: 574-742-4531

IDX information is provided by the Indiana Regional MLS and is exclusively for the 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.

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