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316 S Washington Street
Warsaw, IN 46580

$360,000 - Status: Active
SQFT: 2,836
MLS# 202619931

This 6-unit brick investment property offers an excellent opportunity to grow your portfolio with strong income potential and recent updates already in place! Over the last 18 months, many improvements have been completed throughout the property, including updated paint, durable and easy-to-maintain LVP flooring, new roof, and more. Five units feature 1 bedroom and 1 bathroom with practical layouts designed for comfortable everyday living and an efficiency unit rounds out the property. Investors will appreciate the attractive 11.6% CAP rate along with the low-maintenance brick exterior. Conveniently located near Downtown Warsaw, tenants can enjoy easy access to local shopping, restaurants, parks, and other amenities. Whether you're looking to expand your rental portfolio or step into multifamily investing, this property offers strong returns and upside potential!

Property Features

MLS#: 202619931
Zip: 46580
Subdivision: Hood & Britton
Development: Wayne
Property Type: Multi Unit - Multiple
Number of Units: 6
Basement: Crawl, Partial Basement
Basement: Yes
Cooling: Central Air
Heating: Gas, Forced Air
Home Style: Sixplex
Lot Size: 0.20 acres
Stories: 2.0
Year Built: 1873

Feature Descriptions

Above Grade Finished SQFT: 2836
Amenities: Off Street Parking, Eat-In Kitchen
Exterior: Brick
Lot Description: Corner, 0-2.9999
Lot Dimensions: 66X132
Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 2836
Units: 6
Water: City

Local Schools

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

316 S Washington Street | MLS# 202619931

This multi-family property located at 316 S Washington Street, Warsaw, IN 46580 is currently listed for sale with an asking price of $360,000. S Washington Street 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: RE/MAX Results
Agency Contact: Cell: 574-742-4531
Agent Name: James Bausch

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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