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.
Closed
$430,000
706 Ross Ave, Warsaw, IN 46580
8beds
4,358sqft
Quadruplex
Built in 1969
-- sqft lot
$502,500 Zestimate®
$--/sqft
$1,294 Estimated rent
Home value
$502,500
$457,000 - $553,000
$1,294/mo
Zestimate® history
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Beautiful lakefront investment propertyImpressive brick buildingNew metal roof
Zillow last checked:
Listing updated:
Listed by:
James Bausch Cell:574-742-4531,
RE/MAX Results
Bought with:
James Bausch, RB15000093
RE/MAX Results
Source: IRMLS,MLS#: 202339976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Basement: Crawl Space
Interior area
- Total structure area: 4,358
- Total interior livable area: 4,358 sqft
- Finished area above ground: 4,358
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Carport, Off Street, Paved, Private, Off Street Parking
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
- Waterfront features: Lake, Deck on Waterfront, Lake Front, Non Ski Lake
- Body of water: Pike Lake
- Frontage length: Channel/Canal Frontage(0),Water Frontage(165)
Lot
- Size: 0.65 Acres
- Dimensions: 132X213.7
- Features: 0-2.9999, Near Walking Trail
Details
- Additional structures: None
- Parcel number: 431105200265.000032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Roof: Metal
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: NIPSCO
- Gas: NIPSCO
- Sewer: City
- Water: Private
Community & neighborhood
Location
- Region: Warsaw
- Subdivision: Lakeside Park
HOA & financial
Other financial information
- Total actual rent: 50400
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2024 | Pending sale | $430,000 |
Source:  IRMLS #202339976 Report a problem | ||
| 1/5/2024 | Sold | $430,000 |
Source: IRMLS #202339976 Report a problem | ||
| 10/31/2023 | Listed for sale | $430,000+4.9% |
Source: IRMLS #202339976 Report a problem | ||
| 11/15/2022 | Sold | $410,000-10.9%$94/sqft |
Source: Agent Provided Report a problem | ||
| 10/3/2022 | Pending sale | $459,900 |
Source: IRMLS #202234039 Report a problem | ||
| 9/4/2022 | Listed for sale | $459,900 |
Source: IRMLS #202234039 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46580
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-6Distance: 1.3 mi
- 8/10Lakeview Middle SchoolGrades: 7-8Distance: 1.4 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Harrison
- Middle: Lakeview
- High: Warsaw
- District: Warsaw Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Kosciusko County
- Warsaw
- 46580
- 706 Ross Ave
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