322 S Columbia Street

Warsaw, IN 46580

Don't miss out on this exceptional opportunity to enhance your investment portfolio with a fully occupied, updated four-unit apartment, offered at an impressive 11.75% CAP rate. With traditional financing, you can secure nearly a 17% cash on cash return, even after accounting for vacancy, property management, and CapEx. This property is a lucrative addition to any investment strategy. Numerous updates have been made throughout the property, including complete renovations of the detached apartment (Unit D), as well as refreshing flooring, paint, kitchens, baths, and appliances in other units. These enhancements ensure tenant satisfaction and maximize rental potential. For investors seeking a broader portfolio, this property is also available as part of a 14-unit, 3-property portfolio for $960,000, boasting an impressive 12.55% CAP rate and returns exceeding 20%. Check MLS #202405089 for more details. The seller strongly prefers to sell via the entire package, presenting an opportunity to capitalize on a diverse portfolio of income-generating properties. Don't let this opportunity slip away. Take action today to enhance your financial position with this investment opportunity.

This is an Active listing.

Broker Office Phone Number: 574-269-6911

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