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2316 S Lake Sharon Road
Warsaw, IN 46580

$179,000 - Status: Active
SQFT: 2,104
MLS# 202645709

Opportunity awaits with this versatile duplex in a fantastic location between Warsaw and Winona Lake, featuring views of Lake Sharon! Originally built as a single-family home, this one-story property offers flexibility for its next owner. Currently configured as two separate units, each featuring 2 bedrooms and 1 full bathroom, the property provides an opportunity to generate rental income or convert back into a single-family residence. Both units are currently occupied by long-term tenants on month-to-month leases, offering immediate income with flexibility for future plans. With both units currently rented below market rates, there is potential to increase rental income and improve the property's overall return. Whether you're an investor looking to expand your portfolio or a buyer interested in creating a single-family home or a way to have a lower mortgage payment, this property offers plenty of possibilities. Conveniently located within 4 miles of the Village at Winona, Grace College, and the Winona Heritage trails, with the added bonus of peaceful water views of Lake Sharon, you don't miss this opportunity!

Property Features

MLS#: 202645709
Zip: 46580
Subdivision:
Development: Wayne
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Crawl
Cooling: Window
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.51 acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1967

Feature Descriptions

Above Grade Finished SQFT: 2104
Amenities: Off Street Parking
Exterior: Aluminum
Location: City/Town/Suburb
Lot Description: Irregular, Level, Water View
Lot Dimensions: 149X139.2
Owner Pays: Building Insurance
Sale Inclusions: Building, Land, Lease
Sewer: Septic
Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Trash Collection
Total Finished SQFT: 2104
Units: 2
Water: Well

Local Schools

High School: Warsaw
Middle School: Edgewood
Elementary School: Eisenhower
School District: Warsaw Community

2316 S Lake Sharon Road | MLS# 202645709

This multi-family property located at 2316 S Lake Sharon Road, Warsaw, IN 46580 is currently listed for sale with an asking price of $179,000. S Lake Sharon Road is located within the Warsaw Community school district. Search Warsaw real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Patton Hall Real Estate
Agency Contact: Cell: 219-682-8348
Agent Name: Savannah Beer

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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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

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