INVESTMENT
$ 249,000.00
- Post Updated:
2020-05-07 05:00:23 - MLS #:
202007764 - Status:
Active - Type:
Fourplex - Year built:
1944 - Area:
6720 sq ft - Lot Dimensions:
123 X 100
Description
Fantastic investment property now available. This four unit property sits on a large lot outside the heart if downtown. Fully occupied. This property boasts character and charm while allowing tons of natural light in each unit. Large ceiling with spacious floor plans. On site parking for 2 units with street parking available. Tenants can enjoy a larger yard for entertaining when it’s warmer outside. On site laundry unit for tenants to use as they please. Very well maintained with newer roof and fresh paint.
View on map / Neighborhood
- LOCATION: City/Town/Suburb
- Township: Fairfield
- Directions to Property: 9th to Greenbush, Right on Greenbush the Right on 12th. Property on Left.
Schools
- School District: Lafayette
- Elementary: Thomas Miller
- Middle School: Sunnyside/Tecumseh
- High School: Jefferson
Rooms & Units Description
- Bedrooms: 7
- Total # Full Baths: 5
- Bathrooms: 5
- # Above Grade Bedrooms: 7
- Number of Units: 4
- Unit 1-# of Bedrooms: 2
- Unit 2-# of Rooms: 6
- Unit 2-# of Bedrooms: 2
- Unit 3-# of Rooms: 4
- Unit 3-# of Bedrooms: 2
- Unit 4-# of Rooms: 3
- Unit 4-# of Bedrooms: 1
- Unit 4-# of Bathrooms: 1
- Num. of Units Rented: 4
- Num. of 1 Bedrooms: 1
- Unit 1-Lease Exp. Date: 2020-09-30
- Unit 2-Lease Exp. Date: 2020-06-30
- Unit 3-Lease Exp. Date: 2020-09-30
- Unit 4-Lease Exp. Date: 2020-03-30
- Unit 1-Unit #: 1303
- Unit 1-Level: Main
- Unit 1-Currently Rntd Y/N: Yes
- Unit 2-Unit #: 1303
- Unit 2-Level: Upper
- Unit 2-Currently Rntd Y/N: Yes
- Unit 3-Unit #: 1210
- Unit 3-Level: Lower
- Unit 3-Currently Rntd Y/N: Yes
- Unit 4-Unit #: 1211
- Unit 4-Level: Lower
- Unit 4-Currently Rntd Y/N: Yes
- Outbuilding: None
- Num. of 2 Bedrooms: 3
- Unit 1-Unit Rent $: 850
- Unit 2-Unit Rent $: 680
- Unit 3-Unit Rent $: 725
- Unit 4-Unit Rent $: 535
- Unit 1-# of Bathrooms: 1
- Unit 2-# of Bathrooms: 2
- Unit 3-# of Bathrooms: 1
- Unit 1-# of Rooms: 5
Property Details
- LOT DESCRIPTION: Corner,Level,0-2.9999
- Stories: 2
- Total Finished SqFt: 5036
- Below Grade Unfin. SqFt: 1684
- Approx. Lot Size SqFt: 12284
- Above Grade Finished SqFt: 5036
- Total Below Grade SqFt: 1684
- Price per Total Finished SQFT: 49.44
- Sale/Rent/Auction: For Sale
- Approx. Lot Size Acres: 0.282
- Subdivision: None
- Style: Two Story
- New Construction: No
- Area: Tippecanoe County
- Parcel# ID: 79-07-21-109-007.000-004
- Age: 76
- Planned Unit Dev. Y/N: No
- Auction Y/N: No
- SALE INCLUDES: Building,Land,Lease
- LEASE TERM: 1 Year
- Unbranded Virtual Tour: https://www.propertypanorama.com/instaview/irmls/202007764
Property Features
- Pool Y/N: No
- Platted Y/N: Yes
- Waterfront Y/N: No
- FLOORING: Carpet,Laminate,Wood,Vinyl
- ROOF MATERIAL: Asphalt,Shingle
- FENCE: Chain Link
- AMENITIES: Off Street Parking,Foyer Entry,Porch Covered,Washer Hook-Up
- ARCHITECTURAL STYLE: Traditional
- WATER FEATURES: None
- COOLING: Central Air
- HEATING/FUEL: Gas,Forced Air
- EXTERIOR: Aluminum,Brick
- Sewer: City
- Water Utility: City
- Basement Y/N: Yes
- BASEMENT/FOUNDATION: Crawl,Partial Basement,Unfinished
- BASEMENT MATERIAL: Block
- COMMON AMENITIES: Laundry Facilities,None
- SEA WALL TYPE: None
- PARKING: Off Street,Private
- # of Refrigerators: 4
- # of Ranges/Ovens: 4
- # of Washers: 2
- # of Dryers: 2
- # of W/D Hookups: 2
- # of Parking Spaces: 3
- Pet Restrictions Y/N: No
Financials
- Assoc. Dues Frequency: Not Applicable
- Year Taxes Payable: 2018-2019
- Annual Gross Rent $: 33480
- Gross Monthly Rent: 2790
- Gross Monthly Income: 2790
- Annual Property Tax: 2933.32
- Annual Net Income: 28990.4
- Annual Maint. Expense: 1556.28
Courtesy of
- Listing Office: Coldwell Banker Shook
Disclaimer
IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated Monday, September 14th, 2020 at 5:00 AM UTC