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Don't miss this exceptional investment opportunity just steps from Syracuse Lake, the public library, and local restaurants. This triplex offers incredible potential for steady rental income or short-term rental options. Unit #3, the upper-level apartment, is a beautifully remodeled two-bedroom featuring new windows, vinyl plank flooring, Corian countertops, updated lighting, a fully renovated kitchen and bath, a new water heater, and fresh appliances"”move-in ready and modern throughout. The main level includes two one-bedroom, one-bath units, both offering comfortable layouts and currently rented month-to-month, providing immediate income for the new owner. Each unit has separate electric meters and individual water heaters, two of which are brand new. All units are equipped with electric baseboard heat. This property's prime location near the lake, dining, and community amenities makes it ideal for an owner-occupant, long-term rentals, or a potential Airbnb conversion. Take advantage of this fantastic multi-unit property combining modern updates with strong income potential in one of Syracuse's most desirable areas.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/23/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1950 |
| COUNTY | Kosciusko | STATUS | Pending |
| PROPERTY TYPE(S) | Single Family |
| School District | Wawasee |
|---|---|
| Elementary School | Syracuse |
| Jr. High School | Wawasee |
| High School | Wawasee |
| PRICE HISTORY | |
| Prior to Oct 28, '25 | $250,000 |
|---|---|
| Oct 28, '25 - Nov 4, '25 | $249,900 |
| Nov 4, '25 - Nov 19, '25 | $239,900 |
| Nov 19, '25 - Feb 18, '26 | $234,900 |
| Feb 18, '26 - Today | $215,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Oven, Refrigerator, Water Softener Owned |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 57X132 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| SUBDIVISION | None |
| TAXES | 3120.68 |
| WATER | Public |
| WATER ACCESS | Syracuse Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Derek Pearson, Perfect Location Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/24/26 5:28 AM PST
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/24/26 5:28 AM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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