$231,000
$245,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1308 South Street Lafayette, IN 47901
6 Beds
4 Baths
3,936 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

IDX information provided by the Indiana Regional MLS
Bought with KENT BREWER • Indiana Integrity REALTORS