Warsaw, IN 46580 415 N Washington Street

Investor opportunity! This multi-unit property is a fantastic addition to any portfolio, offering three residential apartment units and one large workshop/garage unit with office space—all within walking distance to vibrant downtown Warsaw. Enjoy close proximity to shopping, dining, and community events, with Central Park and Center Lake just around the corner. Tenants can take advantage of the Friday night concert series, playgrounds, and even kayak rentals! Apartment A is a spacious 4 bedroom, 2 bath unit that was completely remodeled down to the studs in 2020, featuring updated plumbing, electrical, and a new back deck added in 2023. The large primary bedroom includes an en-suite bath and direct access to the deck—perfect for relaxing evenings outdoors. Apartment B is a 1 bedroom, 1 bath unit, while Apartment C offers 2 bedrooms, 1 bathroom with a jetted tub, and new flooring installed in 2021. Each unit includes a generous kitchen with ample cabinetry and its own washer and dryer—providing ultimate convenience for tenants. The fourth unit is a versatile 40’x30’ garage with 15’ ceilings and a 12’ door WITH two offices - ideal for rental space to a contractor needing office, workshop, and storage space. The property had a partial roof replacement in 2021 and a new sewer line installed in 2022. Utilities are billed back to tenants, and all three apartments are currently rented. Don’t miss this well-maintained, income-producing property with plenty of potential in a prime location!