IN > Pierceton
Pierceton, IN 46562-9760,7028 E Heritage Drive
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Pierceton, IN 46562-9760,7028 E Heritage Drive
Pierceton, IN 46562-9760,7028 E Heritage Drive
Pierceton, IN 46562-9760,7028 E Heritage Drive
Pierceton, IN 46562-9760,7028 E Heritage Drive
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 2,000,000
Est. payment /mo
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7028 E Heritage Drive Pierceton, IN 46562-9760

47 Beds

25 Baths

18,357 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Square Footage 18,357 sqft

MLS Listing ID 202528244

Style One Story

Bedrooms 47

Full Baths 24

Half Baths 1

Abv Grd Liv Area 18,357

Total Fin. Sqft 18357

Year Built 1976

Annual Tax Amount $6,000

Tax Year 2025

Lot Size 6.000 Acres

Property Sub-Type Apartment Complex

Property 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.

Location

State IN

County Kosciusko County

Area Kosciusko County

Direction Enter address into Google Maps.

Rooms

Dining Room 0

Interior

Flooring Carpet, Vinyl

Appliance Business, Land, Lease

Laundry , 48

Exterior

Exterior Feature Laundry Facilities

Garage Spaces 1.0

Amenities Available Water Heater Gas

Waterfront Description Pond

Roof Type Asphalt,Metal,Shingle

Total Parking Spaces 48

Building

Lot Description Level

Story 1

Structure Type Asphalt,Shingle,Vinyl

New Construction No

Schools

Elementary Schools Pierceton

Middle Schools Whitko

High Schools Whitko

School District Whitko

Others

Financing Cash,Other

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202528244

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Jordan Wildman • eXp Realty, LLC • Home: 260-498-0384
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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7028 E Heritage Drive

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