Investors seeking immediate rental income

Look no further! This well-maintained Duplex in Wabash, Indiana boasts Large three-bedroom and large two bedroom unit, fully occupied with extensive tenancy. All units come equipped with a refrigerator, oven and two units include access to washer and dryer.Central air plus gas-forced heating ensures comfort.

The on-site garage provides ample storage for the owner. The building has 2 gas and 2 electric meters with the owner currently covering water 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.

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on 493 /495 W Hill St
in Wabash, IN
Presented by Jordan Wildman at
Exp Realty, Llc.


Property MLS #202419442 from IRMLS
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+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 2 / 0
Full Bathrooms: 2

+ Appliances

Laundry Features: # of Washers: 2, # of Dryers: 2

+ Heating and Cooling

Cooling Features: Central Air
Fuel Expense: 5785
Heating Features: Forced Air

+ Interior Features

Furnished Description: Building, Land, Lease
Flooring: Mixed

+ Other Rooms

Basement Description: Partial Basement

+ Land Info

Lot Description: Level
Lot Size Acres: 0.2
Lot Size Dimensions: 66X132
Lot Size Square Feet: 8712

+ Garage and Parking

Garage Spaces: 2

+ School Information

Elementary School: OJ Neighbors
High School: Wabash
Middle School: Wabash
School District: Wabash City Schools
+ Display Complete School Details

Wabash High School is a public high school located approximately 0.7 miles away.
Map directions

Wabash Middle School is a public elementary and middle school located approximately 0.7 miles away.
Map directions

St Bernard Elementary School is a private elementary school located approximately 0.3 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Unit 1 Total Actual Rent: 200
Unit 2 Total Actual Rent: 220

+ Rental Info

Income Includes: 21840
Lease Term: Week to Week
Tenant Pays: Cable, Snow Removal, Deposit Value

+ Homeowners Association

Maintenance Expense: 800

+ Amenities and Community Features

Community Features: Basement

+ Other Property Info

Annual Tax Amount: 1682
Source Listing Status: Active
County: Wabash County
Directions: Google maps
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 779
Number of Separate Electric Meters: 2
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: 85-14-40-402-089.000-009
Township: Noble
Lot Number: 51
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-06-18
$124,900
IRMLS

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Listed 2024-05-30
$129,900
IRMLS

+ Commercial Info

Net Operating Income: 12794

+ Building and Construction

Total Square Feet Living: 2412
Year Built: 1940
Above Grade Finished Area: 2412
Below Grade Unfinished Area: 204
Property Age: 84
Levels or Stories: 2
Structure Type: Duplex
House Style: Two Story
Total Area Sqft: 2616
Total Below Grade Area: 204

+ Utilities

Sewer: City
City