156-158 W Main St Wabash, IN 46992

Fully rented tri-plex one block from downtown Wabash IN. This property has tons of potential to be improved upon or could be continued just as it is, generating $1,500 per month in gross rent income and fully rented on month to month agreements. One unit is a large three bedroom one and a half bath apartment with the feel of a single family home throughout, it consists of a living room complete with gas fireplace, dining room with patio doors leading out to the rear patio and garage, a large kitchen, half bathroom and laundry room all on the first floor and heading upstairs you find three bedrooms and a full bathroom. Next door you find a spacious one bedroom apartment on the ground level it is open concept living room and kitchen then a full bathroom and large bedroom located off the living area. Last but not least there is a large one bedroom apartment on the second level. The building has three gas forced air furnaces all metered separately and central air units on each however the central air units are currently not working, each apartment has its own electric meter and 100 amp service, there is also a large 3+ car detached garage that is currently split between all units giving each apartment one parking space and some additional storage area.