Take a look at this great investment property right across from Pike Lake, conveniently near downtown Warsaw! This duplex has been updated recently and has reliable tenants. Unit A features 3 bedrooms, 1.5 bathrooms, and a sunroom, plus it comes with a newer furnace and AC system. Unit B has 4 bedrooms, 2 bathrooms, 2 half baths, and an office space. Each unit offers 2,000 sq ft of living space. Tenants cover their own electricity and gas, while the owner handles sewer and trash expenses. Note that the photos were taken before the units were rented. This is a solid opportunity to invest in a property with steady cash flow. Unit A is currently being rented out for $1425/month and Unit B is being rented out for $1525/month. Owner pays $116/month for trash & sewer. Owner also pays for flood insurance, and it's not very costly. Property is being sold AS-IS. Schedule your showing today.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Lincoln Elementary School
203 N Lincoln St
Distance between this listing and this school1.35 miles
Public District Grades KG-6
Middle School
6
/10
Lakeview Middle School
848 E Smith St
Distance between this listing and this school1.46 miles
Public District Grades 7-8
High School
6
/10
Warsaw Community High School
1 Tiger Ln
Distance between this listing and this school2.29 miles
Public District Grades 9-12
Assigned Schools
5
/10
Lincoln Elementary School
203 N Lincoln St
Distance between this listing and this school1.35 miles
Public District Grades KG-6
Nearby Schools
5
/10
Harrison Elementary School
1300 Husky Trl
Distance between this listing and this school1.51 miles
Public District Grades KG-6
6
/10
Madison Elementary School
1436 W 300 N
Distance between this listing and this school1.89 miles
Public District Grades KG-6
Assigned Schools
6
/10
Lakeview Middle School
848 E Smith St
Distance between this listing and this school1.46 miles
Public District Grades 7-8
Nearby Schools
5
/10
Edgewood Middle School
900 S Union St
Distance between this listing and this school1.93 miles
Public District Grades 7-8
4
/10
Milford School
611 W Emeline St
Distance between this listing and this school10.74 miles
Public District Grades KG-8
Assigned Schools
6
/10
Warsaw Community High School
1 Tiger Ln
Distance between this listing and this school2.29 miles
Public District Grades 9-12
Nearby Schools
3
/10
Wawasee High School
1 Warrior Path Bldg 1
Distance between this listing and this school12.27 miles
Public District Grades 9-12
6
/10
Triton Jr-Sr High School
300 Triton Dr
Distance between this listing and this school13.85 miles
The neighbors living near this home have an average income of $41,038. Most Warsaw, IN residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 504 Ross Ave in Warsaw, IN and zip code 46580. This home was built in 1989. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $349,900.
The number of homes for sale in Warsaw, IN increased by 82.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $310,500, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.