521 S 16th St, Lafayette, IN 47905
- $259,900
- 6
- BD
- 3
- BA
- 1,864
- SqFt
Listing courtesy of Tim Meyers from Trueblood Real Estate. Agt: 765-479-1856
- List Price
- $259,900
- Status
- ACTIVE
- MLS#
- 202646569
- Style
- Traditional
- Year Built
- 1920
- Days On Market
- Unknown
- Bedrooms
- 6
- Bathrooms
- 3
- Half-baths
- 1
- Living Area
- 1,864
- Township
- Fairfield
Property Description
Great investment opportunity in the heart of Lafayette. This multi-family duplex offers two 3 bedroom units. One unit currently leased until the end of April and the other is month to month allowing investors to have an opportunity to establish new leases at market rates and maximize the property's income potential. This also allows the option of an owner to occupy one unit and lease the other, further adding to their ROI. Lower unit has an area that was used as a greenhouse room. It could be finished out for more finished living area space. A completely new roof was just installed reducing maintenace costs for years to come! Inspections are welcome but property is being sold AS-IS.
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Additional Information
- Acres
- 0.15
- Taxes
- $3,614
- Lot Features
- Sloped
- Water
- City
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Flooring
- Carpet, Vinyl
- School District
- Lafayette
- Elementary School
- Thomas Miller
- Middle School
- Sunnyside/Tecumseh
- High School
- Jefferson
- Agent Name
- Tim Meyers
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 