$430,000
$430,000
For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
4,358 SqFt
SOLD DATE : 01/05/2024
Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,358 sqft
Subdivision Lakeside Park
MLS Listing ID 202339976
Sold Date 01/05/24
Style Two Story
Bedrooms 8
Full Baths 4
Half Baths 1
Abv Grd Liv Area 4,358
Total Fin. Sqft 4358
Year Built 1969
Annual Tax Amount $5,140
Tax Year 2023
Lot Size 0.650 Acres
Property 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.
Location
State IN
County Kosciusko County
Area Kosciusko County
Direction 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.
Rooms
Family Room 1100 x 1000
Dining Room 0 x 1000
Kitchen , 1100
Interior
Flooring Carpet, Laminate
Appliance Building, Land
Laundry , 8
Exterior
Garage Spaces 1.5
Amenities Available Ceiling Fan, Off Street Parking, Near Walking Trail, Balcony, Deck Open, Deck on Waterfront, Washer Hook-Up
Waterfront Yes
Waterfront Description Lake
Roof Type Metal
Total Parking Spaces 8
Building
Lot Description Lake, 0-2.9999
Story 2
Structure Type Brick
New Construction No
Schools
Elementary Schools Harrison
Middle Schools Lakeview
High Schools Warsaw
School District Warsaw Community
Others
Financing Cash,Conventional,FHA,VA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
IDX information provided by the Indiana Regional MLS
Bought with James Bausch • RE/MAX Results- Warsaw