$400,000
Standing tall and full of character, this solid building offers a strong potential for ROI. Recent updates enhance its appeal, and the large, spacious units make for highly desired apartments, ensuring tenant satisfaction. With separate gas and electric utilities, the owner avoids additional utility costs, while city water and sewer eliminate concerns about costly well or septic issues. Currently operating as a four-unit property, there's exciting potential to expand to six units, increasing your earning possibilities. Additional income streams could include coin-operated laundry facilities, self-storage spaces, or even more units. The property also features newer mechanicals and gas water heaters for added efficiency and reliability. Don't miss this rare chance to own a versatile, income-generating property.
Heading S on IN 15, turn left onto W 700 S, continue onto Section St, Turn right onto S Main St, property is on the right.
MLS # | 202445834 |
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Date Listed | 2024-11-29 |
Status | Active |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 6204 sqft |
Total Square Feet | 9306 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 10 |
Bathrooms | 6 |
Annual Taxes | $2,796.00 |
Year Taxes Payable | 2024 |
Year Built | 1925 |
Virtual Tour | propertypanorama.com » |
Days on Market | 47 |
Living Room | 1 × 3 | Level |
Family Room | 2142 × 1428 | Level |
Kitchen | 1515 × | Level |
4th Bedroom | 5 × 3 | Level |
5th Bedroom | 6 × 5 | Level |
Full Baths | 10 Main |
Construction | Fourplex |
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Lot Size | 6,098 sq ft |
Acreage | 0.14 Acres |
Lot Dimensions | 90X66 |
Fence | None |
Area | Kosciusko County |
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County | Kosciusko |
Subdivision | None |
Township | Clay |
City | Claypool |
State | IN |
Zip | 46510 |
School District | Warsaw Community |
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Elementary | Claypool |
Middle School | Edgewood |
High School | Warsaw |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202445834
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 13, 2025 at 4:30 pm
Last checked 10 minutes ago