SOLD
$420,000
Date 08/02/2024

1420 Quaker
Wabash, IN 46992

Other
Residential Income
15
Beds
8
Baths
0.37
Acre Lot
Courtesy: Jordan Wildman - eXp Realty, LLC, Home: 260-498-0384, Phone: 888-611-3912
IRMLS> Indiana> Wabash> 46992
Attention Investors! This fully occupied 8-unit apartment building presents a stable income opportunity. All units are currently leased, minimizing vacancy risk. The property offers a mix of seven 2-bedroom units and one efficient 1-bedroom unit, catering to a variety of renters. Each unit boasts refrigerators and ovens, with seven units offering washer and dryer access for added convenience. Gas-forced air heating and central AC provide year-round comfort for residents. Individual gas and electric meters ensure fair utility billing, while owner-paid water and gas simplify tenant expenses. Currently, the owner covers lawncare, gas and water, while the tenants cover electricity. The building has 7 gas meters and 8 electric meters.14 off-street parking spots ensure residents won't have to worry about parking hassles. This property is offered "as-is," allowing you to add your personal touch and maximize your return.
202419303
Other, 1 Story
15
8 Full
1964
Wabash
0.37 Acres
City
1
City Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Jordan Wildman - eXp Realty, LLC, Home: 260-498-0384, Phone: 888-611-3912
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Information is deemed reliable but is not guaranteed.