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  • $195,000

    204 N Fort Wayne Ave, Warsaw, IN 46580

    5beds
    3,246sqft
    Triplex
    Built in 1880
    -- sqft lot
    $222,000 Zestimate®
    $--/sqft
    $1,383 Estimated rent

    Owner options

    List your home for rent

    $1,383/mo

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    $1,383/mo

    Rent Zestimate®

    Refinance and save

    $928/mo

    Est. payment

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    $928/mo

    Est. payment

    What's special

    Investor's Opportunity! Now offering a triplex with in-town conveniences so tenants have quick access to downtown shopping, restaurants, Center Park, and events. This building offers a spacious one bedroom apartment with a full basement for storage and 2-two bedroom apartments. Each unit is separately metered so tenants pay their own electric, gas, and water. Owner pays for lawn care, sewer and trash. There is also a two car garage that could be rented to the tenants for additional income or used as a centrally located storage place for the Warsaw-based investor. Unit 206 was leased at $775/month but is now intentionally vacant so the new owner can place their own tenant. Recent updates include: flooring throughout (2020), 206: cabinetry & countertops (2020) water heater (2022), 208: oven (2021). Unit 204 is large enough to convert to a two bedroom pass through unit. With professional management in place, this turnkey rental is ready for you to grow your portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: February 23, 2024 at 06:34am

    Listed by:

    James Bausch Cell:574-742-4531,

    RE/MAX Results- Warsaw

    Bought with:

    Geoff Cavender, RB17002203

    eXp Realty, LLC

    Source: IRMLS,MLS#: 202335195MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Ceiling Fan(s), Storage
    • Flooring: Carpet, Laminate
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 4,418
    • Total interior livable area: 3,246 sqft
    • Finished area above ground: 3,246
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Off Street Parking
    • Covered spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Porch Covered
    Lot
    • Size: 1,742 sqft
    • Dimensions: 27X62
    • Features: Corner Lot, 0-2.9999, City/Town/Suburb
    Details
    • Additional structures: None
    • Parcel number: 431108200857.000032

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Basement
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: NIPSCO
    • Gas: NIPSCO
    • Sewer: City
    • Water: City, Indiana American Water Co

    Community & neighborhood

    Location
    • Region: Warsaw
    • Subdivision: Lansdales

    HOA & financial

    Other financial information
    • Total actual rent: 27300

    Other

    Other facts
    • Listing terms: Cash,Conventional