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 12.94% 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!
Warsaw is located in Indiana. Warsaw, Indiana has a population of 15,905. Warsaw is less family-centric than the surrounding county with 28.77% of the households containing married families with children. The county average for households married with children is 29.17%.
The median household income in Warsaw, Indiana is $55,295. The median household income for the surrounding county is $66,764 compared to the national median of $69,021. The median age of people living in Warsaw is 34.1 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 39.8 inches per year, with 30.6 inches of snow per year.
