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504 Ross Avenue

Warsaw, IN 46580
  • $319,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 202500558
UPDATED: 59 min ago
$319,000
  • 7
    BEDS
  • 0.32
    ACRES
  • 3
    BATHS
  • 3
    1/2 BATHS
  • 4,006
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1989
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Berto Barrera of RE/MAX Results- Warsaw: Cell: 574-253-7400.

Description

DUPLEX! Two units. Get ready to make passive income! This fantastic investment opportunity right across from Pike Lake and just minutes from downtown Warsaw! This spacious duplex has been recently updated and offers plenty of potential. Unit A features 3 bedrooms, 1.5 bathrooms, a cozy sunroom, plus a newer furnace and AC system for added comfort. Unit B boasts 4 bedrooms, 2 full bathrooms, 2 half baths, and a dedicated office space " perfect for work-from-home tenants. Each unit provides approximately 2,000 sq. ft. of living space, ensuring ample room for tenants to enjoy. Tenants are responsible for their own electricity and gas, while the owner covers sewer and trash services, currently at $116/month. Previous rental income: Unit A: $1,425/month| Unit B: $1,525/month. Dont miss out on this incredible opportunity! Schedule your showing today! *Only one unit is currently pictured*

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-15T09:29:04.493.

www.housesinfortwayne.com/homes/159243036
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504 Ross Avenue Warsaw, IN 46580

  • Price: $319,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 59 min ago
  • MLS #: 202500558
7
Beds
3
Baths
3
½ Baths
0.32
Acres
4,006
SQFT
$80
$/SQFT
1989
Built
Neighborhood:
Devanathan
County:
Kosciusko
Area:
Kosciusko
Elementary School:
Harrison
Middle School:
Lakeview
High School:
Warsaw
School District:
Warsaw Community
Property Description
DUPLEX! Two units. Get ready to make passive income! This fantastic investment opportunity right across from Pike Lake and just minutes from downtown Warsaw! This spacious duplex has been recently updated and offers plenty of potential. Unit A features 3 bedrooms, 1.5 bathrooms, a cozy sunroom, plus a newer furnace and AC system for added comfort. Unit B boasts 4 bedrooms, 2 full bathrooms, 2 half baths, and a dedicated office space " perfect for work-from-home tenants. Each unit provides approximately 2,000 sq. ft. of living space, ensuring ample room for tenants to enjoy. Tenants are responsible for their own electricity and gas, while the owner covers sewer and trash services, currently at $116/month. Previous rental income: Unit A: $1,425/month| Unit B: $1,525/month. Dont miss out on this incredible opportunity! Schedule your showing today! *Only one unit is currently pictured*
Exterior Features

Exterior ShingleVinyl Lot Description Cul-De-SacFlood Plain Lot Dimensions 111x125 Outbuilding None Parking Spaces 4 Pool YN No Style Townhouse Waterfront YN No

Interior Features

Above Grade Bedrooms 7 Above Grade Finished Sqft 4006 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanCountertops-LaminatePorch EnclosedWater Heater Gas Basement Foundation None Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 2 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel GasForced Air Microwaves 2 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 0 Total Sq Ft 4006 Unit1 Basement YN No Unit1 Bathrooms 1.5 Unit1 Bedrooms 3 Unit2 Basement YN No Unit2 Bedrooms 4 Wash Dry Hookups 2 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 35400 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 28765.24 Annual Property Tax 5242.76 Annual Trash Expense 0 Annual Water Sewer Exp 1392 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 1 Gross Monthly Income 2950 Gross Monthly Rent 2950 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Building InsuranceSewerTaxTrash Collection Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes Building Sewer City Tenant Pays CableElectricHeating Three Bedrooms 1 Township Wayne Two Bedrooms 0 Unit1 Unit Rent 1425 Unit1- Currently Rntd Y / N No Unit1- Garage Y / N No Unit2 Unit Rent 1525 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 2 Water Utility Well Year Taxes Payable 23 to pay 24

Listing provided by Berto Barrera of RE/MAX Results- Warsaw: Cell: 574-253-7400.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-15T09:29:04.493.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Berto Barrera of RE/MAX Results- Warsaw: Cell: 574-253-7400.