605 N Huntington Street, Syracuse, IN 46567
MULTI_FAMILY - Syracuse, IN
- Added:
- Mar 26, 2026
- Days on Market:
- 106
- Last Refresh:
- Jul 9 at 9:06 am
Property Features for 605 N Huntington Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 3
- Standard status
- Active
- APN
- 43-04-06-200-336.000-026
- Size
- 1,278 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 8-24-98 S 1/2 LOT 41 SYRACUSE
- Tax Annual Amount
- 1360
Building Details
- Year built
- 1918
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent James Bausch License #RB15000093 (574) 742-4531
Listing office RE/MAX Results 358 Enterprise Drive, Warsaw, IN (574) 269-6911
Listing date Mar 26, 2026
Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1918 with 3 bedrooms and 2 bathrooms plus a basement
- New laminate flooring, a brand‑new tub and surround, and a new exterior door
- In‑unit laundry for both units and a covered front porch
- Separately metered gas, electric, and water (tenant‑paid utilities)
- Two newer HVAC systems and water heaters to help minimize maintenance concerns
- Roof is only a few years old; owner pays sewer and trash
Overview
The property is described as being within walking distance to local shops and Syracuse Park & Beach. The units are separately metered for gas, electric, and water, with tenant-paid utilities. The owner covers sewer and trash.
Mechanical updates supported in the remarks include two newer HVAC systems and water heaters, intended to reduce near-term maintenance items. The roof is described as only a few years old. With two separate units and a setup that includes in-unit laundry in both, this duplex can fit buyers seeking a straightforward residential income property with defined utility responsibility for tenants.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.1k | $12.60 |
| − Vacancy | −$643 | −$0.50 |
| EGI | $15.5k | $12.10 |
| − OpEx | −$4.6k | −$3.63 |
| NOI | $10.8k | $8.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Kosciusko
- State
- Indiana
- Longitude
- -85.752072
- Latitude
- 41.426699
