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Map

Directions

From N Detroit St/IN 15, turn right onto E 200 N/Anchorage Rd, turn right onto Sunset Dr, Sunset Dr becomes Ross Ave. Property on the right.

Description

Beautiful lakefront investment property boasting views of Pike Lake from every apartment! This impressive brick building accommodates four 2 bedroom 1 bathroom units with washer and dryer in each. The carport offers tenants sought after shelter from the elements. Each unit is separately metered so tenants pay their own utilities. Owner currently pays sewer, trash, lawn care, and snow removal. One unit is currently rented at $1100 and the other two at $1000/month leaving room for increases, plus the opportunity to bill back for water and other utilities. Additionally there is also income potential to lease out pier spaces. Recent improvements include a new metal roof three years ago and a new A/C unit this year.

Details

  • Property Details

  • MLS #:
    202339976
  • Price
    $430,000
  • Bedrooms
    8
  • Baths Total
    5
  • Full Baths
    4
  • Half Baths
    1
  • Approx. Lot Size Acres
    0.65
  • Approx. Lot Size SqFt
    28,314
  • Class
    Investment
  • DOM
    19
  • Lot Dimensions
    132X213.7
  • New Construction
    No
  • Parcel ID#
    43-11-05-200-265.000-032
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Lakeside Park
  • Total Finished SqFt
    4,358
  • Total SqFt
    4,358
  • Year Built
    1969
  • Zip
    46580-2277

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

  • Pool Y/N
    No
  • Water Type
    Lake
  • Waterfront Y/N
    Yes

Last updated: December 10 2023, 6:01 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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