Lafayette, IN 47901,1308 South Street

$231,000

Est. payment /mo

$245,000

5.7%
Est.Price: ?

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1308 South Street Lafayette, IN 47901

6 Beds

4 Baths

3,936 SqFt

SOLD DATE : 06/23/2020

Key Details

Sold Price $231,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,936 sqft

Subdivision None

MLS Listing ID 201946507

Sold Date 06/23/20

Style Other

Bedrooms 6

Full Baths 4

Abv Grd Liv Area 3,936

Total Fin. Sqft 3936

Year Built 1890

Annual Tax Amount $1,200

Tax Year 2019

Lot Size 7,579 Sqft

Property Sub-Type Triplex

Property Description

Great cash flow on this 3-plex Victorian near the heart of downtown Lafayette. Perched on South street overlooking downtown, this home has 3 units with ample parking behind and on the street. First level is an updated 2 bedroom, 2 full bath dwelling with oversized dining and living room with an amazing Victorian fireplace. Updated kitchen has an island or an eat-in area for a table and includes the laundry closet there. Currently occupied and renting at $1050/month. Up the entry staircase to level two, you'll find an updated 3 bedroom, 1 bath unit with separate kitchen area with small eat in area and a roomy living room with gas stove for additional heat if needed. Currently occupied and renting at $1050/month. The highest level is accessed from the northwest side of the home and has stair going up to the unique floor with plenty of angles and charming rooflines! This is a 1 bedroom, 1 bath unit with ample sized kitchen, eating area, living area with skylights and dormer nooks for reading or office areas. This unit is currently occupied and renting for $600/month. Each unit has its own HVAC unit, dishwasher and Washer and Dryer. All separate tenant-paid utilities for this dwelling that is walking distance to downtown, minutes from Purdue, major employers and schools and parks. Reach out for more details about how this home can be your opportunity to own an easy-to-rent investment!

Location

State IN

Area Tippecanoe County

Zoning Other

Direction From Downtown, head east on South to just past 13th st. Home on Left.

Rooms

Family Room 1050 x 600

Dining Room 0 x 1050

Interior

Flooring Carpet, Vinyl, Wood

Fireplaces Number 3

Appliance Building

Laundry , 3

Exterior

Exterior Feature Sidewalks

Garage Spaces 1.0

Fence None

Amenities Available Basement, Ceiling Fan, Off Street Parking, Skylights, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Porch Covered, Water Heater Gas

Roof Type Asphalt

Total Parking Spaces 3

Building

Lot Description Level, Slope, 0-2.9999

Story 2.5

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Murdock

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Financing Cash,Conventional

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Indiana Regional MLS (IRMLS)
Listed by Eric Seymour • BerkshireHathaway HS IN Realty
Bought with KENT BREWER • Indiana Integrity REALTORS
agent

Carole King

Broker Associate

+1(765) 427-0641

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