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.
Warsaw is located in Indiana. Warsaw, Indiana has a population of 14,797. Warsaw is more family-centric than the surrounding county with 31.94% of the households containing married families with children. The county average for households married with children is 31.33%.
The median household income in Warsaw, Indiana is $50,046. The median household income for the surrounding county is $57,190 compared to the national median of $57,652. The median age of people living in Warsaw is 31.8 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 39.8 inches per year, with 33.1 inches of snow per year.