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Map

Directions

From IN 15, head north on toward E Main St. Turn right after the Subway on the right, turn right onto N Fort Wayne Ave, triplex is on the left.

Description

Investor’s Opportunity! Now offering a triplex with in-town conveniences so tenants have quick access to downtown shopping, restaurants, Center Park, and events. This building offers a spacious one bedroom apartment with a full basement for storage and 2-two bedroom apartments. Each unit is separately metered so tenants pay their own electric, gas, and water. Owner pays for lawn care, sewer and trash. There is also a two car garage that could be rented to the tenants for additional income or used as a centrally located storage place for the Warsaw-based investor. Unit 206 was leased at $775/month but is now intentionally vacant so the new owner can place their own tenant. Recent updates include: flooring throughout (2020), 206: cabinetry & countertops (2020) water heater (2022), 208: oven (2021). Unit 204 is large enough to convert to a two bedroom pass through unit. With professional management in place, this turnkey rental is ready for you to grow your portfolio.

Details

  • Property Details

  • MLS #:
    202335195
  • Price
    $209,000
  • Bedrooms
    5
  • Baths Total
    3
  • Full Baths
    3
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.04
  • Approx. Lot Size SqFt
    1,798
  • Class
    Investment
  • DOM
    46
  • Lot Dimensions
    27X62
  • New Construction
    No
  • Parcel ID#
    43-11-08-200-857.000-032
  • Property Sub-Type
    Triplex
  • State
    IN
  • Style
    One and Half Story
  • Subdivision
    Lansdales
  • Total Finished SqFt
    3,246
  • Total SqFt
    4,418
  • Year Built
    1880
  • Zip
    46580-3333
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: November 30 2023, 6:43 PM

Listing courtesy of: James Bausch, RE/MAX Results- Warsaw

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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