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Key Details
Sold Price $168,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,936 sqft
MLS Listing ID 202419483
Sold Date 11/04/24
Style Two Story
Bedrooms 7
Full Baths 4
Abv Grd Liv Area 3,936
Total Fin. Sqft 3936
Year Built 1929
Annual Tax Amount $1,557
Tax Year 2023
Lot Size 6,098 Sqft
Property 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!
Location
State IN
County Wabash County
Area Wabash County
Direction Enter address into Google Maps.
Rooms
Family Room 165 x 175
Dining Room 0 x 170
Kitchen , 185
Interior
Flooring Mixed
Fireplaces Number 4
Appliance Building, Land, Lease
Laundry , 4
Exterior
Garage Spaces 1.0
Amenities Available Basement
Waterfront No
Total Parking Spaces 4
Building
Lot Description Level
Story 2
Structure Type Stone,Vinyl
New Construction No
Schools
Elementary Schools Oj Neighbors
Middle Schools Wabash
High Schools Wabash
School District Wabash City Schools
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IDX information provided by the Indiana Regional MLS
Bought with Jordan Wildman • eXp Realty, LLC