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24 W Union Street

Wabash, IN 46992
  • $209,900
  • STATUS: Price Change
  • ON SITE: 22 Days
  • MLS #: 202419483
Price Reduced
UPDATED: 102 min ago
$209,900
  • 7
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,936
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
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

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!

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© 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: 2024-06-22T13:29:45.083.

www.team-janet.com/homes/151134033
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24 W Union Street Wabash, IN 46992

  • Price: $209,900
  • Status: Price Change
  • On Site: 22 Days
  • Updated: 102 min ago
  • MLS #: 202419483
7
Beds
4
Baths
0
½ Baths
0.14
Acres
3,936
SQFT
$53
$/SQFT
1929
Built
Neighborhood:
None
County:
Wabash
Area:
Wabash
Elementary School:
Oj Neighbors
Middle School:
Wabash
High School:
Wabash
School District:
Wabash City Schools
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!
Exterior Features

Exterior StoneVinyl Lot Description Level Lot Dimensions 66X94 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 7 Above Grade Finished Sqft 3936 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation CrawlPartial Basement Basement Material Stone Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 492 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 4 Flooring Mixed Heating Fuel Forced Air Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 1 Total Baths 4 Total Below Grade Sqft 492 Total Sq Ft 4428 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit4 Bedrooms 2 Wash Dry Hookups 4 Washers 4

Property Features

Annual Electric Expense 0 Annual Fuel Expense 11751 Annual Gross Rent 35140 Annual Insurance Expense 1557 Annual Maint Expense 1100 Annual Misc 0 Annual Net Income 19458 Annual Property Tax 1274 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 3 Gross Monthly Income 2928 Gross Monthly Rent 3012 Lease Term Week to Week New Construction No One Bedrooms 1 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 3 Unit1 Unit Rent 170 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 165 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 175 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 185 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: 2024-06-22T13:29:45.083.

 
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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.