422 S UNION ST
WARSAW, IN 46580
$960,000
19 Beds
14 Baths
9,383 Sq Ft
Status Active Under Contract
MLS# 202405089
Investors seize this unique opportunity with this package deal comprising of three income-producing properties in the heart of Warsaw at 422 S Union St, 418 S Union St, and 322 S Columbia St. Each property has undergone a significant amount of refreshing, updating and remodeling, bringing increased revenue, decreased costs, and stable tenancy. With every completed unit being occupied this portfolio promises immediate cash flow and strong returns. Totaling 14-units, these three properties are being offered at the attractive price of $960,000, boasting an impressive 12.55% CAP rate and remarkable returns exceeding 20.6% cash on cash even after accounting for vacancy, property management, and CapEx expenses, assuming traditional financing. Don't miss out on this rare opportunity to own a diversified portfolio of income-generating properties. Act now and elevate your investment strategy with this exceptional package deal.
Details for 422 S UNION ST
$102 / Sq Ft
25 parking spaces
Gas, Baseboard, Forced Air
105 Days on website
0.93 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
James Bausch
RE/MAX Results- Warsaw, 574-269-6911
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