IN > Wabash
Wabash, IN 46992-9041,1957 E State Road 524
Wabash, IN 46992-9041,1957 E State Road 524
Wabash, IN 46992-9041,1957 E State Road 524
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$619,500
Est. payment /mo
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3 Beds
3 Baths
3,136 SqFt
Active

1957 E State Road 524 Wabash, IN 46992-9041

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Timothy Vicsik

Timothy Vicsik

RE/MAX 100

+1(574) 329-9587

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

MLS Listing ID 202547063

Style Other

Bedrooms 3

Full Baths 3

Abv Grd Liv Area 3,136

Total Fin. Sqft 3136

Year Built 1942

Annual Tax Amount $3,200

Tax Year 2025

Lot Size 10.000 Acres

Property Sub-Type Apartment Building

Property Description

This fully updated 5-unit apartment strip sits on a sprawling 10-acre parcel and is 100% rented—offering instant income for savvy investors. The complex includes (2) one-bedroom units and (3) two-bedroom units, all modernized and well-maintained for long-term tenant retention. In addition to the apartments, the property features a spacious 3,136 sq ft home with 3-4 bedrooms, 3 full baths, and a 2-car attached garage with a full loft. With the right zoning approval, this home could easily be converted into a duplex, adding even more rental potential. But that's not all, this property also includes multiple concrete pads perfect for campers, park models, or small trailers, opening the door for expanded income streams such as short-term rentals or seasonal tenants. Whether you're looking to diversify your portfolio, generate passive income, or expand into multi-unit or vacation rental markets, this property offers incredible potential and flexibility.

Location

State IN

County Wabash County

Area Wabash County

Direction Take Highway 24 east from State Road 13, turn right onto State Road 524. Property is on the right.

Rooms

Family Room 800 x 800

Dining Room 0 x 725

Kitchen , 800 x 725

Interior

Flooring Carpet, Laminate, Mixed

Fireplaces Number 4

Appliance Building, Land

Laundry , 14

Exterior

Exterior Feature Laundry Facilities

Garage Spaces 1.0

Amenities Available Off Street Parking, Storage

Roof Type Metal,Shingle

Total Parking Spaces 14

Building

Lot Description Irregular, Partially Wooded

Story 2

Structure Type Metal,Stone,Vinyl

New Construction No

Schools

Elementary Schools Metro North/Sharp Creek

Middle Schools Northfield

High Schools Northfield

School District Msd Of Wabash County Schools

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547063

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Sarah Mast • Real Broker, LLC

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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1957 E State Road 524

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