Skip To Content

541 W Hill Street

Wabash, IN 46992
  • $160,000
  • STATUS: Sold
  • ON SITE: 291 Days
  • MLS #: 202419412
Sold - 07/12/2024
$160,000
SOLD - 07/12/2024
  • 5
    BEDS
  • 0.2
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,036
    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 seeking immediate rental income, look no further! This well-maintained triplex in Wabash, Indiana boasts three fully occupied units with flexible month-to-month leases. Two spacious one-bedroom units and a comfortable two-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven, and access to washer and dryer facilities. Central air plus gas-forced heating ensures comfort. Two off-street parking spots offer convenient parking, while an on-site garage provides ample storage for the owner. The building has 1 meter per utility with the owner currently covering all utilities and lawncare. Future rent adjustments and utility RUBS offer further income potential. This turnkey investment boasts established tenants and excellent income " a perfect addition to any investor's portfolio. The property is sold as-is.

Monthly Payment Calculator



© 2025 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: 2025-03-18T08:28:59.153.

www.team-janet.com/homes/151109143
Print Image

541 W Hill Street Wabash, IN 46992

  • Price: $179,900
  • Status: Sold
  • On Site: 291 Days
  • Updated: 58 min ago
  • MLS #: 202419412
5
Beds
3
Baths
0
½ Baths
0.2
Acres
3,036
SQFT
$0
$/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 seeking immediate rental income, look no further! This well-maintained triplex in Wabash, Indiana boasts three fully occupied units with flexible month-to-month leases. Two spacious one-bedroom units and a comfortable two-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven, and access to washer and dryer facilities. Central air plus gas-forced heating ensures comfort. Two off-street parking spots offer convenient parking, while an on-site garage provides ample storage for the owner. The building has 1 meter per utility with the owner currently covering all utilities and lawncare. Future rent adjustments and utility RUBS offer further income potential. This turnkey investment boasts established tenants and excellent income " a perfect addition to any investor's portfolio. The property is sold as-is.
Exterior Features

Exterior Wood Lot Description Level Lot Dimensions 66X132 Outbuilding None Parking Spaces 1 Pool YN No Style Three Story Unit1 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 3036 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation Full Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1518 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 3 Flooring Mixed Heating Fuel Forced Air Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 2 Total Baths 3 Total Below Grade Sqft 1518 Total Sq Ft 4554 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 1111 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 700 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 685 Wash Dry Hookups 3 Washers 3

Property Features

Annual Electric Expense 2100 Annual Fuel Expense 2000 Annual Gross Rent 29900 Annual Insurance Expense 1168 Annual Maint Expense 1000 Annual Misc 0 Annual Net Income 19324 Annual Property Tax 3108 Annual Trash Expense 0 Annual Water Sewer Exp 1200 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 2492 Gross Monthly Rent 2492 Lease Term Week to Week New Construction No One Bedrooms 2 Owner Pays Building InsuranceCoolingElectricFuelHeatingLawn MaintenanceMaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CableSnow RemovalDeposit Value Three Bedrooms 0 Township Noble Two Bedrooms 1 Unit1 Unit Rent 225 Unit1- Currently Rntd Y / N Yes Unit1- Garage /#of Cars 2 Unit1- Garage Y / N Yes Unit2 Unit Rent 175 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 175 Unit3- Currently Rntd Y / N Yes Units Rented 3 Water Meters 1 Water Utility City Year Taxes Payable 2023

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

© 2025 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.


© 2025 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: 2025-03-18T08:28:59.153.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419412-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419412-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202419412-2.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.