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  • $430,000

    706 Ross Ave, Warsaw, IN 46580

    8beds
    4,358sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $482,600 Zestimate®
    $--/sqft
    $1,353 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 08, 2024 at 07:50am

    Listed by:

    James Bausch Cell:574-742-4531,

    RE/MAX Results- Warsaw

    Bought with:

    James Bausch, RB15000093

    RE/MAX Results- Warsaw

    Source: IRMLS,MLS#: 202339976MLS Logo

    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
    Services availability