24 W Union St Wabash, IN 46992
7
Beds
4
Baths
3,936
Sq Ft
6,186
Sq Ft Lot
Highlights
- Laundry in Utility Room
- Forced Air Heating and Cooling System
- Level Lot
About This Home
As of November 2024Calling 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,274
Year Built
- Built in 1929
Lot Details
- 6,186 Sq Ft Lot
- Lot Dimensions are 66x94
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Stone Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Laundry in Utility Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Partially Finished Basement
- Stone or Rock in Basement
- Crawl Space
Schools
- Oj Neighbors Elementary School
- Wabash Middle School
- Wabash High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable, snow removal, deposit value
- The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 85-14-11-302-140.000-009
Community Details
Overview
- 4 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $11,751
- Insurance Expense $1,557
- Maintenance Expense $1,100
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $168,000 | -16.0% | $43 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | Price Changed | $199,900 | -4.8% | $51 / Sq Ft |
| 06/18/2024 06/18/24 | Price Changed | $209,900 | -8.7% | $53 / Sq Ft |
| 06/01/2024 06/01/24 | For Sale | $229,900 | +3093.1% | $58 / Sq Ft |
| 04/12/2012 04/12/12 | Sold | $7,200 | -63.8% | $2 / Sq Ft |
| 03/13/2012 03/13/12 | Pending | -- | -- | -- |
| 03/08/2012 03/08/12 | For Sale | $19,900 | -- | $5 / Sq Ft |
Source: Indiana Regional MLS
Similar Home in Wabash, IN
Source: Indiana Regional MLS
MLS Number: 202419483
APN: 85-14-11-302-138.000-009
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