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Listed by Casey Hockersmith • F.C. Tucker West Central
$ 80,000
Est. payment /mo
New
102, 104, 108 S Wabash ST New Richmond, IN 47967
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22063239
Year Built 1900
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Triplex
Property Description
Unlock an exceptional investment opportunity in the heart of downtown New Richmond, Indiana. This 8,000+ square foot brick building stands as a cornerstone of the downtown, offering a unique combination of immediate rental income and massive value-add potential. Perfectly suited for the investor or entrepreneur, this property features three distinct units designed for diversified revenue streams. Utilize the income from the three existing apartments to offset carrying costs while you bring your vision for the commercial space and second floor to life. Whether you're looking to create a portfolio of residential and commercial rentals or establish your own business while living upstairs, you can tailor the potential to your exact needs. Don't miss your chance to own a significant piece of New Richmond's downtown. Properties with this combination of scale, character, immediate income, and immense upside are rare opportunities!
Location
State IN
County Montgomery
Rooms
Basement Interior Entry, Partial
Interior
Heating Electric, Forced Air, Propane, Other
Fireplace N
Building
Story Two
New Construction false
Schools
School District North Montgomery Com Sch Corp
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