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1421 South Street

Lafayette, IN 47901
  • $189,900
  • STATUS: Pending
  • ON SITE: 6 Days
  • MLS #: 202307772
Pending
UPDATED: 40 min ago
$189,900
  • 4
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,232
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Cash flowing three unit rental property for sale near downtown Lafayette. Two of the three units have been recently remodeled, all units are separately except for water which is paid by the owner. The upstairs unit is currently vacant but can be filled with new tenant prior to closing which would bring the total monthly rent to $2,305. The current rent is $1,455 with one unit vacant. Agent is seller.

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© 2023 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: 2023-03-24T07:28:56.863.

www.housesinfortwayne.com/homes/137791678
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1421 South Street Lafayette, IN 47901

  • Price: $189,900
  • Status: Pending
  • On Site: 6 Days
  • Updated: 40 min ago
  • MLS #: 202307772
4
Beds
3
Baths
0
½ Baths
0.08
Acres
2,232
SQFT
$85
$/SQFT
1910
Built
Neighborhood:
None
County:
Tippecanoe
Area:
Tippecanoe
Elementary School:
Murdock
Middle School:
Sunnyside/Tecumseh
High School:
Jefferson
School District:
Lafayette
Property Description
Cash flowing three unit rental property for sale near downtown Lafayette. Two of the three units have been recently remodeled, all units are separately except for water which is paid by the owner. The upstairs unit is currently vacant but can be filled with new tenant prior to closing which would bring the total monthly rent to $2,305. The current rent is $1,455 with one unit vacant. Agent is seller.
Exterior Features

Exterior Aluminum Fence None Location City/Town/Suburb Lot Description Level Lot Dimensions 132X28 Outbuilding None Parking GravelStreet Parking Spaces 3 Pool YN No Style Two Story Unit1 Garage Type None Water Features None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 2232 Above Grade Unfin Sq Ft 0 Amenities Ceiling Fan Basement Foundation CellarUnfinished Basement Material Brick Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1464 Cooling Wall Ac Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetVinyl Heating Fuel GasForced Air Microwaves 3 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 1464 Total Sq Ft 3696 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 732 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 768 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 732 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 17460 Annual Insurance Expense 700 Annual Maint Expense 1000 Annual Misc 0 Annual Net Income 13284 Annual Property Tax 1756 Annual Trash Expense 0 Annual Water Sewer Exp 720 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1455 Gross Monthly Rent 1455 Lease Term 1 YearMonth To Month New Construction No One Bedrooms 2 Owner Pays Lawn MaintenanceSewerWater Owner Real Estate License YN Yes Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Sale Includes Lease Sewer City Tenant Pays ElectricFuel Three Bedrooms 0 Township Fairfield Two Bedrooms 1 Unit1 Unit Rent 865 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 850 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Unit3 Unit Rent 590 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Units Rented 2 Water Utility City Year Taxes Payable 2023

Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: Agt: 765-426-3928.
© 2023 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.


© 2023 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: 2023-03-24T07:28:56.863.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845