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1318 South Street Lafayette, IN 47901
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Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,568 sqft
MLS Listing ID 202444799
Sold Date 12/18/24
Style Three Story
Bedrooms 4
Full Baths 4
Abv Grd Liv Area 2,568
Total Fin. Sqft 2568
Year Built 1890
Annual Tax Amount $3,352
Tax Year 2023
Lot Size 6,316 Sqft
Property Description
Investment opportunity in a prime location! This 4-unit multi-family property offers excellent investment potential. Located in a desirable neighborhood near downtown Lafayette and Purdue University, this property boasts strong rental demand and stable income. Property highlights include; three of the four units recently renovated, providing modern and comfortable living spaces for tenants, potential value-add with an unfinished walk up attic that offers potential for additional living space or storage, ample off-street parking for residents and guests, and a convenient on-site coin operated laundry facility for tenants and additional revenue. The property's proximity to downtown Lafayette and Purdue University ensures consistent and strong rental income. Don't miss this opportunity!
Location
State IN
County Tippecanoe County
Area Tippecanoe County
Direction E on Main house on the left
Rooms
Family Room 875 x 775
Dining Room 0 x 725
Kitchen , 850
Interior
Flooring Carpet, Laminate, Vinyl
Fireplaces Number 3
Appliance Building, Land, Lease
Laundry , 5
Exterior
Exterior Feature Laundry Facilities
Garage Spaces 1.0
Fence None
Amenities Available Basement, Ceiling Fan, Off Street Parking, Storage, Attic-Walk-up, Cable Ready, Detector-Smoke, Foyer Entry, Landscaped, Water Heater Gas, Sump Pump
Roof Type Asphalt,Shingle
Total Parking Spaces 5
Building
Lot Description 0-2.9999
Story 3
Structure Type Vinyl,Wood
New Construction No
Schools
Elementary Schools Thomas Miller
Middle Schools Sunnyside/Tecumseh
High Schools Jefferson
School District Lafayette
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Amanda Oakley • Trueblood Real Estate
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