385 South Wayne Street, Unit 1 2 3

Waterloo, IN 46793

$190,000
Price
6
Beds
3
Baths
2,489 Sq. Ft.
$76 / Sq. Ft.
2,489
Sq. Ft.
$76
per Sq. Ft.

Description

Two-Story Triplex in Waterloo, Indiana! Discover the potential of this two-story Triplex situated in a convenient Waterloo location. With two of the three units occupied, this property offers an excellent opportunity for investors or those looking to expand their real estate portfolio. Unit 2 is Vacant due to needing fully renovated- Not figured into Gross Rent.Two-Story Triplex in Waterloo, Indiana! Discover the potential of this two-story Triplex situated in a convenient Waterloo location. With two of the three units occupied, this property offers an excellent opportunity for investors or those looking to expand their real estate portfolio. Unit 2 is Vacant due to needing fully renovated- Not figured into Gross Rent.
  1. Listed by Nicole Schnurr • Open Door Rentals and Real Estate
  2. Listed by Tammie Jones • Open Door Rentals and Real Estate

Property Details for 385 South Wayne Street, Unit 1 2 3

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 12/13/2024 05:58 PM

Property Details for 385 South Wayne Street, Unit 1 2 3

StatusActive
MLS #202447077
Days on Market4
Taxes$2,851 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1930
Lot Size0.09 AC / 3,999 SF
CountyDeKalb County

Building Information for 385 South Wayne Street, Unit 1 2 3

Stories2Residences3Year Built1930Building Size-Lot Size0.09 AC / 3,999 SF

Property Information for 385 South Wayne Street, Unit 1 2 3

Summary
Location and General Information
  • Area: Dekalb County
  • City: Waterloo
  • Zip Code: 46793
  • State: IN
  • Township: Grant
  • Cross Street: West Douglas Street
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Fips Code: 18033
  • Directions To Property: Please use GPS
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 17-06-03-354-009.000-008
School Information
  • School District: Dekalb Central United
  • Elementary: Waterloo
  • Middle School: Dekalb
  • High School: Dekalb
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.0918
  • Lot Dimensions: 35x125
  • Below Grade Unfin Sqft: 223.0
  • Total Square Feet: 2712.0
  • Approx Lot Size Sqft: 3999.0
  • Above Grade Finished Sqft: 2489.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 223.0
  • Total Finished Sqft: 2489.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1930
  • Age: 94
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement
  • Exterior: Shingle, Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 2
  • Number of Refrigerators: 2
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement: Yes
  • Basement/Foundation: Other, Partial Basement, Unfinished
  • Cooling: Window
  • Flooring: Carpet, Laminate, Other, Vinyl, Vinyl Tile
  • Heating/Fuel: Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 3
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 2
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $20,100
  • Annual Insurance Expense: $1,200
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $16,049
  • Annual Property Tax: $2,851
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $1,675
  • Gross Monthly Rent: $1,675
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Currently Rented: Yes
  • Unit 1-Lease Exp Date: 03-31-2025
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Currently Rented: No
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Currently Rented: Yes
  • Unit 3-Lease Exp. Date: 03-13-2025
Rental
Rental Information
  • Lease Term: 1 Year, Other
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Alarm, Cable, Electric, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Property History for 385 South Wayne Street, Unit 1 2 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 385 South Wayne Street, Unit 1 2 3

This home is within Dekalb County Ctl United Sch District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Waterloo Elementary School
PublicPK to 5

Dekalb Middle School
Public6 to 8

Dekalb High School
Public9 to 12

James R Watson Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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385 South Wayne Street, Unit 1 2 3 is a multi-family home for sale in Waterloo, IN 46793. This property was listed for sale on December 13, 2024 by Open Door Rentals and Real Estate, it's currently listed at $190,000. This listing's school district is Dekalb County Ctl United Sch District. Nearby schools include Waterloo Elementary School, Dekalb Middle School and Dekalb High School. 385 South Wayne Street, Unit 1 2 3 is a 6-bed, 3-bath, 2,489 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Open Door Rentals and Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.