Listed with James Bausch, RE/MAX Results- Warsaw, Cell: 574-742-4531

Price $429,900
Status Active
Beds 7
Baths 4 Baths
Home size 5,558 sqft
Lot Size 8,712 sqft
Days on Market 25
Investor opportunity! This multi-unit property is a fantastic addition to any portfolio, offering three residential apartment units and one large workshop/garage unit with office space"”all within walking distance to vibrant downtown Warsaw. Enjoy close proximity to shopping, dining, and community events, with Central Park and Center Lake just around the corner. Tenants can take advantage of the Friday night concert series, playgrounds, and even kayak rentals! Apartment A is a spacious 4 bedroom, 2 bath unit that was completely remodeled down to the studs in 2020, featuring updated plumbing, electrical, and a new back deck added in 2023. The large primary bedroom includes an en-suite bath and direct access to the deck"”perfect for relaxing evenings outdoors. Apartment B is a 1 bedroom, 1 bath unit, while Apartment C offers 2 bedrooms, 1 bathroom with a jetted tub, and new flooring installed in 2021. Each unit includes a generous kitchen with ample cabinetry and its own washer and dryer"”providing ultimate convenience for tenants. The fourth unit is a versatile 40'x30' garage with 15' ceilings and a 12' door WITH two offices - ideal for rental space to a contractor needing office, workshop, and storage space. The property had a partial roof replacement in 2021 and a new sewer line installed in 2022. Utilities are billed back to tenants, and all three apartments are currently rented. Don't miss this well-maintained, income-producing property with plenty of potential in a prime location!
Property Type(s): Multi Family
Last Updated 6/9/2025 Tract Hood & Britton
Year Built 1890 County Kosciusko

SCHOOLS

School District Warsaw Community
Elementary School Washington
Jr. High School Edgewood
High School Warsaw

Additional Details

BASEMENT Full, Partially Finished, Yes
CONSTRUCTION Vinyl Siding
HEAT Heat Pump
LOT 8712 sq ft
LOT DIMENSIONS 66X132
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION Hood & Britton
TAXES 6474
WATER Public
Listed with James Bausch, RE/MAX Results- Warsaw, Cell: 574-742-4531
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 7/3/25 4:07 PM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2025.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Metzger Auction to contact you even if your name is on a Federal or State "Do not call List".
Email a Friend