USAINPierceton7028 E Heritage Dr
7028 E Heritage Dr, Home with 47 bedrooms, 25 bathrooms and null parking in Pierceton IN | Image 1
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$2,000,000

7028 E Heritage Dr, Pierceton, IN

Real Estate

For Sale

$--,---,---
47250
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment Complex
Levels Residential Income
Size 18357 sqft
Garage No
Maintenance Fees 
Taxes $1
Days Active 16
Approx. Age 1976
Avg. Price Per Sqft $108
MLS® Number 202528244

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

POTENTIAL ASSUMABLE 4.45% MORTGAGE AND PARTIAL SELLER FINANCE WITH STRONG OFFER! An exceptional investment opportunity awaits with this well-maintained 24-unit apartment complex situated on a sprawling 6-acre lot in charming Pierceton, IN. Comprised of 12 duplexes, the property features twenty-three 2 bed / 1 bath units and one 1 bed / 1 bath unit, offering a total rental income of $16, 690/month, with 20 units currently leased. Income can easily be brought up through multiple avenues! Each unit includes off-street parking for two cars, and tenants pay their own gas and electricity—keeping overhead low. A separate building provides on-site laundry facilities with coin-operated machines, a garage, and dedicated storage space, generating additional income potential and convenience for tenants. Ideally located near Pierceton Skate Park, Forest Ridge Family Campground, and just 15 minutes from Downtown Warsaw, this property offers the perfect balance of peaceful living with quick access to nearby amenities. Also very strong medical employers in close proximity allowing for strong tenant base! Whether you're expanding your portfolio or seeking a high-performing multifamily asset, this turnkey complex delivers stable cash flow, long-term growth, and rare scale in a desirable setting.Show Description
MLS® Number202528244
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorAsphalt, Shingle, Vinyl
GarageNo
Approx. Age1976
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air, Window
Heating Fuel

Extras

Business, Land, Lease

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