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$250,000

110 E Prairie Street Warsaw, IN 46580

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Property Description
Attention investors! Modern post & beam constructed office building with four units, all leased with stable tenants and 2+ years remaining on existing leases. Convenient in-town location just one half block east of St Rd 15 and one block south of St Rd 25 (four blocks south of the courthouse). Easy in and out location, horseshoe shaped driveway with newer asphalt parking. Tenants pay all utilities (NIPSCO natural gas & electric, city sewer), private well. Suites 1-3 have GFA heat and central AC, suite 4 is unfinished storage unit with overhead door and hanging unit heater. Suite 1 (west end): $491.48 per month (includes pro-rated portion of taxes and insurance), lease term 3 years, 8-1-2019 thru 8-1-2022. Suites 2 & 3 (middle two units leased by same tenant): $2,041.88 per month (gross combined income for both unites) (includes pro-rated portion of taxes and insurance), lease term 5 years, 8-1-2019 thru 7-31-2024. Suite 4 (east end with overhead door): $150 per month, lease term 4 years 8-1-2019 thru 8-1-2023.
Address:110 E Prairie Street Warsaw IN 46580
Status:Active
on site: 44 days
Price:$250,000
Bathrooms:0
Year Built:1989
Lot Size:0.57
County: Kosciusko County
Township: Wayne
MLS #:202102213
Property Type:Office

Lot Dimensions:106x214
Directions:From Winona Avenue (at the intersection of St Rd 25 and St Rd 15), go south on to Buffalo St (St Rd 15), east on Prairie St, go one half block, building on south side of street.
Basement:No
Loan Price
$2,014
Price And Interest $1,304/month
Property Tax $606/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$606/month
Home Owner Insurance
$1,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
3rd Bedroom 4 x 1 Info Not Available
Den 1 x 3072 Info Not Available
Annual Property Tax:$3,637
Tax Year:2020
City:Warsaw
Subdivision: Other
Zip Code:46580
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Schedule a Video Chat Tour
Active
110 E PrairieStreetE Warsaw, IN 46580

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0.52 Lot Size

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Active
110 E PrairieStreetE Warsaw, IN 46580

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0.25 Lot Size

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Listing provided courtesy of Blackwell Real Estate.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.