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126 S 12th Street

Richmond, IN 47371
  • $55,000
  • STATUS: Sold
  • ON SITE: 479 Days
  • MLS #: 202338226
Sold - 04/01/2024
$55,000
SOLD - 04/01/2024
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,380
    SQFT
Neighborhood:
None
Type:
Multi-Family
Built:
1921
County:
Wayne
Area:
Wayne

School Information

Elementary School:
Vaile
Middle School:
Julia E Test
High School:
Richmond
School District:
Richmond Community Schools
School Ratings & Info
Listing provided by Jammie Michael of Tarter Realty Auction and Appraisal Company: Cell: 765-546-1414.

Description

Prime Investment Opportunity located in the heart of Richmond! This triplex boasts three occupied units, equipped with a refrigerator and stove, Tenant-Paid Utilities: Tenants are responsible for their cable, electric, and gas bills. Owner pays water, sewer and trash. This is a golden opportunity to own an investment property in Richmond.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T12:27:55.893.

www.housesinfortwayne.com/homes/144478342
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126 S 12th Street Richmond, IN 47371

  • Price: $73,500
  • Status: Sold
  • On Site: 479 Days
  • Updated: 53 min ago
  • MLS #: 202338226
4
Beds
3
Baths
0
½ Baths
0.13
Acres
2,380
SQFT
$0
$/SQFT
1921
Built
Neighborhood:
None
County:
Wayne
Area:
Wayne
Elementary School:
Vaile
Middle School:
Julia E Test
High School:
Richmond
School District:
Richmond Community Schools
Property Description
Prime Investment Opportunity located in the heart of Richmond! This triplex boasts three occupied units, equipped with a refrigerator and stove, Tenant-Paid Utilities: Tenants are responsible for their cable, electric, and gas bills. Owner pays water, sewer and trash. This is a golden opportunity to own an investment property in Richmond.
Exterior Features

Architectural Style Traditional Driveway None Exterior Brick Fence None Location City/Town/Suburb Lot Description 0-2.9999 Lot Dimensions 35x165 Outbuilding Outbuilding Outbuilding Sq Ft 420 Parking Street Parking Spaces 0 Pool YN No Roof Material MetalRubber Sea Wall Type None Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2380 Above Grade Unfin Sq Ft 0 Amenities BasementCountertops-LaminateWater Heater ElectricWater Softener-OwnedSump Pump Basement Foundation Partial Basement Basement Material Poured Concrete Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1294 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminateWoodVinyl Heating Fuel GasForced Air Main Level Sq Ft 1604 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 1294 Total Sq Ft 3674 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Upper Level Sq Ft 776 Wash Dry Hookups 3 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 13200 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 12414 Annual Property Tax 786 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 3 Gross Monthly Income 1100 Gross Monthly Rent 1100 Inside City Limits Yes Lease Term Month to Month New Construction No One Bedrooms 2 Owner Pays SewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer City Tenant Pays CableElectricFuel Three Bedrooms 0 Township Wayne Two Bedrooms 1 Unit1 Unit Rent 300 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 400 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N Yes Unit3 Unit Rent 400 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Units Rented 3 Water Meters 1 Water Utility City Well Type Community Year Taxes Payable 2023

Listing provided by Jammie Michael of Tarter Realty Auction and Appraisal Company: Cell: 765-546-1414.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-02-09T12:27:55.893.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Jammie Michael of Tarter Realty Auction and Appraisal Company: Cell: 765-546-1414.