$184,900 Price Analysis    ♡   Wabash, IN 46992 5 bed 3 bath 2,947 SqFt ($62/SqFt) 8,712SqFt lot. Built 1949 Listed 2024-05-30, Taxes $1,406 | ✓ USDA Eligible near Wabash, IN Restrictions may apply due to home size |
Investors seeking immediate rental income
Look no further! This w ell-maintained triplex in Wabash, Indiana boasts three fully occupied units with flexible month-to-month leases. Two roomy two-bedroom units and a comfortable one-bedroom unit cater to various tenant needs. All units come equipped with a refrigerator, oven and access to washer and dryer facilities.
The on-site garage provides ample storge for the owner. The building has 2 gas and 3 electric meters with the owner currently covering gas and water 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.
Presented by Jordan Wildman at
Exp Realty, Llc.
Property MLS #202419480 from IRMLS
Full Bathrooms: 3
Heating Features: Forced Air
Flooring: Mixed
Lot Size Acres: 0.2
Lot Size Dimensions: 66X132
Lot Size Square Feet: 8712
High School: Wabash
Middle School: Wabash
School District: Wabash City Schools
Map directions Map directions Map directionsNumber of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1
Unit 1 Total Actual Rent: 165
Unit 2 Total Actual Rent: 1185
Unit 3 Total Actual Rent: 180
Lease Term: Week to Week
Tenant Pays: Cable, Snow Removal, Deposit Value
Source Listing Status: Active
County: Wabash County
Directions: Enter address into Google Maps.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 1168
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Parcel Number: 85-14-11-302-089.000-009
Township: Noble
Lot Number: 4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $57,100 + $13,200 $70,300 | $1,406 |
| 2020 | $56,000 + $13,200 $69,200 | $1,384 |
| 2019 | $51,800 + $13,200 $65,000 | $1,300 |
| 2018 | $51,800 + $13,200 $65,000 | $1,300 |
| 2017 | $54,800 + $13,200 $68,000 | $1,358 |
| 2017 | $53,500 + $13,200 $66,700 | $1,358 |
| 2016 | $54,600 + $13,200 $67,800 | $1,384 |
| 2015 | $55,100 + $13,200 $68,300 | $1,380 |
| 2013 | $53,800 + $13,200 $67,000 | $2,173 |
| 2012 | $55,200 + $13,200 $68,400 | $2,323 |
| 2011 | $54,800 + $9,900 $64,700 | $1,986 |
| 2010 | $54,800 + $9,900 $64,700 | $1,583 |
| 2008 | $76,200 + $9,900 $86,100 | $908 |
$184,900
IRMLS
Listed 2024-05-30
$189,900
IRMLS
Sold 2022-05-04
$1,270,400
Public Record
Sold 2009-08-24
$62,500
Public Record
Year Built: 1949
Above Grade Finished Area: 2947
Below Grade Unfinished Area: 1161
Property Age: 75
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Sqft: 4108
Total Below Grade Area: 1161
City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.