Skip To Content

127 Elm Street

Wabash, IN 46992
  • $220,000
  • STATUS: Sold
  • ON SITE: 47 Days
  • MLS #: 202419419
Sold - 07/12/2024
$220,000
SOLD - 07/12/2024
  • 8
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,490
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Jordan Wildman of eXp Realty, LLC: Home: 260-498-0384.

Description

Investors, this fully occupied fourplex in Wabash is a turnkey income property waiting for you! Each of the four spacious one-bedroom units boasts a refrigerator, oven, and access to a brand new, shared laundry room. Peace of mind comes with recently replaced HVAC (furnace and AC) and a new water heater, minimizing maintenance needs. The owner currently covers lawncare and all utilities (1 meter for each utility), future rent adjustments and the potential to implement a RUBS system present exciting opportunities to maximize your income. Residents will love the convenience of not only their in-unit amenities but also the 3 off-street parking spots and the desirable location near shops, restaurants, and entertainment. The property is sold "as-is," allowing you to add your own value and personalize this stable investment.

Monthly Payment Calculator



© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2024-07-17T00:29:02.237.

www.team-janet.com/homes/151109144
Print Image

127 Elm Street Wabash, IN 46992

  • Price: $239,900
  • Status: Sold
  • On Site: 47 Days
  • MLS #: 202419419
8
Beds
4
Baths
0
½ Baths
0.2
Acres
2,490
SQFT
$88
$/SQFT
1910
Built
Neighborhood:
None
County:
Wabash
Area:
Wabash
Elementary School:
Oj Neighbors
Middle School:
Wabash
High School:
Wabash
School District:
Wabash City Schools
Property Description
Investors, this fully occupied fourplex in Wabash is a turnkey income property waiting for you! Each of the four spacious one-bedroom units boasts a refrigerator, oven, and access to a brand new, shared laundry room. Peace of mind comes with recently replaced HVAC (furnace and AC) and a new water heater, minimizing maintenance needs. The owner currently covers lawncare and all utilities (1 meter for each utility), future rent adjustments and the potential to implement a RUBS system present exciting opportunities to maximize your income. Residents will love the convenience of not only their in-unit amenities but also the 3 off-street parking spots and the desirable location near shops, restaurants, and entertainment. The property is sold "as-is," allowing you to add your own value and personalize this stable investment.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 66X132 Outbuilding None Parking Spaces 6 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2490 Above Grade Unfin Sq Ft 0 Amenities Porch Covered Basement Foundation Crawl Basement Material Block Basement YN No Below Grade Baths 0 Below Grade Bedrooms 4 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 2 Flooring Mixed Heating Fuel Forced Air Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 2490 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Bedrooms 1 Wash Dry Hookups 2 Washers 2

Property Features

Annual Electric Expense 0 Annual Fuel Expense 4340 Annual Gross Rent 34320 Annual Insurance Expense 1557 Annual Maint Expense 800 Annual Misc 0 Annual Net Income 25581 Annual Property Tax 2042 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2860 Gross Monthly Rent 2860 Lease Term Week to Week New Construction No One Bedrooms 4 Owner Pays Building InsuranceCoolingElectricFuelHeatingLawn MaintenanceMaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CableSnow RemovalDeposit Value Three Bedrooms 0 Township Noble Two Bedrooms 0 Unit1 Unit Rent 170 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 170 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 150 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 170 Unit4- Currently Rntd Y / N Yes Units Rented 4 Water Meters 1 Water Utility City Year Taxes Payable 2023

Listing provided by Jordan Wildman of eXp Realty, LLC: Home: 260-498-0384.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2024-07-17T00:29:02.237.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419419-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419419-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419419-2.jpg
Logo
Janet English | Keller Williams
3928 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Jordan Wildman of eXp Realty, LLC: Home: 260-498-0384.