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316 S Washington Street, Warsaw, IN 46580

$360,000.00
  • 316 S Washington Street, Warsaw, IN 46580 Main Photo

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Active
BEDS6 BATHS6 full SQUARE FEET2,836 MLS#202619931
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHood & Britton SCHOOLWarsaw Community

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 11.6% 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!

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl, Partial Basement
Basement: Yes
Cooling: Central Air
Days on Market: 10
Heating: Gas, Forced Air
Home Style: Sixplex
Lot Size: 0.2 Acres
Stories: 2.0
Year Built: 1873

Feature Descriptions

Above Grade Finished SQFT: 2836
Amenities: Off Street Parking, Eat-In Kitchen
Exterior: Brick
Lot: Corner, 0-2.9999
Lot Dimensions: 66X132
Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 2836
Units: 6
Water: City

Local Schools

High School: Warsaw
Middle School: Edgewood
Elementary School: Washington
School District: Warsaw Community

Listed By / Shown By

Listed By

Agency Name: RE/MAX Results
Agency Contact: Cell: 574-742-4531
Agent Name: James Bausch

Shown By

Agency Title: Collins & Company Realtors®
Agency Phone:

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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

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Estimated Payment

$ 1,616.04 per month $1,511.04 Principal & Interest $0.00 Property Tax (data not provided by mls) $105.00 Homeowner's Insurance

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