1421 South Street Pending

Lafayette,IN 47901

$ 244900

3 Beds

3 Baths

2232 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $109

MLS Listing ID 202504180

Style Two Story

Bedrooms 3

Full Baths 3

Abv Grd Liv Area 2,232

Total Fin. Sqft 2232

Year Built 1910

Annual Tax Amount $1,200

Tax Year 2025

Lot Size 4,181 Sqft

Property Sub-Type Triplex

Property Description

This updated 3-unit property at 1421 South Street in Lafayette is a fantastic investment opportunity, ideally located just minutes from downtown Lafayette and Purdue University. Each of the three units features 1 bed and 1 bath, with a total rental income of $2,300 per month. The property has been recently renovated with new siding, roof, windows, and gutters, ensuring long-term durability and low maintenance. Its close proximity to downtown's shops, restaurants, and entertainment, along with easy access to Purdue University, makes it a highly desirable location for tenants. With steady rental income and a prime location, this property is an excellent addition to any real estate portfolio.

Location

State IN

County Tippecanoe County

Area Tippecanoe County

Direction East on south st from downtown, property on the right before 14th st.

Rooms

Family Room 850 x 600

Dining Room 0 x 850

Interior

Flooring Vinyl Tile

Fireplaces Number 3

Appliance Building,Lease

Laundry , 3

Exterior

Garage Spaces 1.0

Fence None

Amenities Available Ceiling Fan,Cable Ready

Roof Type Shingle

Total Parking Spaces 3

Building

Lot Description Level

Story 2

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

Others

Financing Cash,Conventional

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