2316 S Lake Sharon Rd, Warsaw, IN 46580

$179,000
4
BD
2
BA
2,104
SqFt

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Listing courtesy of Savannah Beer from Patton Hall Real Estate. Cell: 219-682-8348

List Price
$179,000
Status
ACTIVE
MLS#
202645709
Year Built
1967
Days On Market
Unknown
Bedrooms
4
Bathrooms
2
Living Area
2,104
Township
Wayne

Property Description

Opportunity awaits with this versatile duplex in a fantastic location between Warsaw and Winona Lake, featuring views of Lake Sharon! Originally built as a single-family home, this one-story property offers flexibility for its next owner. Currently configured as two separate units, each featuring 2 bedrooms and 1 full bathroom, the property provides an opportunity to generate rental income or convert back into a single-family residence. Both units are currently occupied by long-term tenants on month-to-month leases, offering immediate income with flexibility for future plans. With both units currently rented below market rates, there is potential to increase rental income and improve the property's overall return. Whether you're an investor looking to expand your portfolio or a buyer interested in creating a single-family home or a way to have a lower mortgage payment, this property offers plenty of possibilities. Conveniently located within 4 miles of the Village at Winona, Grace College, and the Winona Heritage trails, with the added bonus of peaceful water views of Lake Sharon, you don't miss this opportunity!

Additional Information

Acres
0.51
Taxes
$1,754
Lot Features
Irregular Lot, Level, Water View
Water
Well
Heating
Forced Air
Cooling
Window/Wall
Flooring
Carpet
School District
Warsaw Community
Elementary School
Eisenhower
Middle School
Edgewood
High School
Warsaw
Agent Name
Savannah Beer

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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