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Description

Calling all investors! This fully occupied fourplex in Wabash is a prime opportunity for a hands-off, income-generating property. The building boasts a desirable unit mix, featuring one spacious one-bedroom unit and three comfortable two-bedroom units. Each unit comes equipped with central air for year-round comfort, a refrigerator, oven, and washer dryer access. Currently, the owner covers lawncare and all utilities, with individual metering for both gas (3 meters) and electricity (3 meters). This provides flexibility for future rent adjustments and the potential to implement a RUBS system for even greater income optimization. Beyond the in-unit amenities, residents will appreciate the convenience of having 4 off-street parking spots. The desirable location near shops, restaurants, and entertainment further enhances the property’s appeal. This property is offered “as-is,” allowing you to add your personal touch and maximize your return. Don’t miss this chance to own a stable investment!

Details

  • Property Details

  • MLS #:
    202419483
  • Price
    $209,900
  • Bedrooms
    7
  • Baths Total
    4
  • Full Baths
    4
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.14
  • Approx. Lot Size SqFt
    6,186
  • Class
    Investment
  • DOM
    26
  • Lot Dimensions
    66X94
  • New Construction
    No
  • Parcel ID#
    85-14-11-302-140.000-009
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    3,936
  • Total SqFt
    4,428
  • Year Built
    1929
  • Zip
    46992-2713
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: June 25 2024, 6:13 PM

Listing courtesy of: Jordan Wildman, eXp Realty, LLC

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and 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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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