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706 Ross Ave

Warsaw, IN 46580
  • $459,900
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 202234039
UPDATED: 9 min ago
$459,900
  • 8
    BEDS
  • 0.65
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 2,291
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Rare opportunity to own a 4 unit apartment complex located on Pike Lakefront! On 3 lots with city sewage and private well. Each unit has 2 bedrooms with their own gas forced air furnace, Central air and water heater. ONE UNIT HAS AN ADDED GREAT ROOM AND 2ND BATH. This stately brick building is located on a quiet cul-de-sac. Many improvements over the years including 2 year old Galvanized steel roof. Equipped with a washer and dryer and kitchen appliances in each unit. This property is currently fully occupied and includes carports for all units. Pike Lake is a serene 200+ acre, 10 mph lake that is great for kayaking, fishing, or taking the pontoon out for daily summer trips to enjoy the abundant wildlife. Feel free to enjoy the fabulous sand-bottom beach maintained and lifeguard monitored by the City of Warsaw. Possible Airbnb! Sunsets are free.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2022-09-29T20:28:04.967.

www.teamtamara.com/homes/132170711
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706 Ross Ave Warsaw, IN 46580

  • Price: $459,900
  • Status: Active
  • On Site: 44 Days
  • Updated: 9 min ago
  • MLS #: 202234039
8
Beds
4
Baths
1
½ Baths
0.65
Acres
2,291
SQFT
$201
$/SQFT
1969
Built
Neighborhood:
Lakeside Park
County:
Kosciusko
Area:
Kosciusko
Elementary School:
Harrison
Middle School:
Lakeview
High School:
Warsaw
School District:
Warsaw Community
Property Description
Rare opportunity to own a 4 unit apartment complex located on Pike Lakefront! On 3 lots with city sewage and private well. Each unit has 2 bedrooms with their own gas forced air furnace, Central air and water heater. ONE UNIT HAS AN ADDED GREAT ROOM AND 2ND BATH. This stately brick building is located on a quiet cul-de-sac. Many improvements over the years including 2 year old Galvanized steel roof. Equipped with a washer and dryer and kitchen appliances in each unit. This property is currently fully occupied and includes carports for all units. Pike Lake is a serene 200+ acre, 10 mph lake that is great for kayaking, fishing, or taking the pontoon out for daily summer trips to enjoy the abundant wildlife. Feel free to enjoy the fabulous sand-bottom beach maintained and lifeguard monitored by the City of Warsaw. Possible Airbnb! Sunsets are free.
Exterior Features

Architectural Style Traditional Channel Frontage 132 Driveway Concrete Exterior BrickVinyl Lake Type Non Ski Lake Location City/Town/SuburbLake Lot Description Cul-De-SacWaterfront Lot Dimensions 132X641 Outbuilding None Parking Off Street Parking Spaces 7 Pool YN No Roof Material Metal Style Two Story Water Access Lakefront Water Features Boat Docking Rights Water Frontage 132 Water Name Pike Lake Water Type Lake Waterfront YN Yes

Interior Features

Above Grade Bedrooms 8 Above Grade Finished Sqft 2291 Above Grade Unfin Sq Ft 2291 Amenities Off Street ParkingBalconyLandscapedOpen Floor PlanPatio OpenWater Heater GasWater Softener-Rented Basement Foundation Crawl Basement Material Poured Concrete Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 2067 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 4 Flooring Mixed Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 5 Total Below Grade Sqft 2067 Total Sq Ft 6649 Wash Dry Hookups 4 Washers 4

Property Features

Annual Electric Expense 45 Annual Fuel Expense 0 Annual Gross Rent 44400 Annual Insurance Expense 7275 Annual Maint Expense 1000 Annual Misc 150 Annual Net Income 28614.56 Annual Property Tax 5227.44 Annual Trash Expense 0 Annual Water Sewer Exp 2088 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Company Nipsco Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 3700 Gross Monthly Rent 3700 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Building InsuranceLawn MaintenanceMaintenanceSewerTax Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Proposed Financing Conventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CableCoolingElectricHeating Three Bedrooms 0 Township Wayne Two Bedrooms 4 Units Rented 4 Water Utility Private Well Type Private Year Taxes Payable 2022

Listing provided by Karin Hamilton of Hamilton Real Estate Group Llc: 574-269-4000.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2022-09-29T20:28:04.967.

 
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North Eastern Group Realty
6114 Constitution Drive
Fort Wayne IN, 46804