Agent owned. 2 unit duplex, each has 2 bedroom, 1 and a half bath, and 1 car garage. each unit comes with a $2000 Appliance package. New roof, HVAC, kitchen, bath, flooring, and paint.
Excellent Cash flow Opportunity in an Excellent location within the continually growing and improving downtown Lafayette. This unit is 5- 1 bedroom units. This can be purchased with the 4- 1 bedroom units next door at 505 N 4th. Inquire for more info. Seller is Listing Agent.
There is something reassuring about owning real estate, particularly during times when many people are questioning where the economy and financial markets may be headed. This stately 1890 Victorian offers an opportunity to own a tangible, income producing property in a convenient Midtown Lafayette location. With nearly 4,000 square feet, the property has been divided into three spacious apartments with dedicated off street parking on a small lot adjacent. The main level unit offers two bedrooms, two full baths, a kitchen and dining area. Upstairs is a large three bedroom, one bath apartment with an impressive living room, while the third unit provides one bedroom, one bath, a kitchen and living room. Wood flooring, a fireplace and touches of the home's original Victorian architecture remain, giving the property a personality that newer investment properties often lack. With six bedrooms and four full baths in total, the triplex provides established rental income along with options for the future. The Midtown location is another important part of the investment. Downtown Lafayette, Purdue University, restaurants, shopping, entertainment and everyday conveniences are all within easy reach. Whether purchased as a traditional investment or with plans to occupy one unit while renting the others, this is an opportunity to put your investment dollars into a substantial piece of Lafayette real estate that has already been standing for more than 135 years.
Both units are currently tenant-occupied. Rear Unit: $1,000/month. Lease through July 2027. Front Unit: Currently rented at $1,100/month and expected to be vacant after the current tenant’s move-out next month. Washer and dryer are tenant-owned and do not convey. Tenants pay all utilities. Off-street parking available for each unit.
Rare opportunity to own a fully functional, income producing duplex near the historical downtown section of Lafayette Indiana. Convenient access to major roads and highways such as US52/US231, I65, SR26 and others. Being so close to downtown also puts you close to a full array of shopping and dining experiences just waiting to be had for yourself or your tenants. The duplex itself features a 5 BR 2 bath unit and a 4 BR 1 bath unit. Both sides are fully leased and have been updated within the last few years which include newer appliances in one unit. With over 4000 sq feet of living space, there is no shortage of storage in this property either.
This multi-family duplex was built in 1901 and is located near Columbian Park in Lafayette. It features near 2800 sq feet of living space. One side of the duplex features 4 bedrooms and 1 full bath and the other features 2 bedrooms and 1 full bath. Each side of duplex fully leased and tenants pay all utilities. Convenient access to downtown Lafayette and Purdue University. Shopping and multiple restaurants all within 5 minutes of location and close to major roads/highways such as US52, US231 and I-65.
Excellent opportunity to own a 6-unit investment property featuring two separate buildings on a single parcel. The property includes a duplex built in 1900 and a fourplex built in 1880, offering a unique blend of historic character and functional rental space. 2 units currently rented. Tenants pay all utilities.
Lafayette is located in Indiana. Lafayette, Indiana has a population of 70,928. Lafayette is less family-centric than the surrounding county with 24.25% of the households containing married families with children. The county average for households married with children is 31.5%.
The median household income in Lafayette, Indiana is $47,690. The median household income for the surrounding county is $53,468 compared to the national median of $69,021. The median age of people living in Lafayette is 32.5 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 37.9 inches per year, with 19.4 inches of snow per year.
