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$245,000

1308 South Street Lafayette, IN 47901

  • 6 Beds
  • 4 Baths
  • 3,936 sq. Ft
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!
Address:1308 South Street Lafayette IN 47901
Status:Active
on site: 86 days
Price:$245,000
Bedrooms:6 Beds
Bathrooms:4 Baths
Sq. Feet:3,936
Year Built:1890
Lot Size:0.17
County: Tippecanoe County
Township: Fairfield
School System : Lafayette
MLS #:201946507
Property Type:Triplex

Lot Dimensions:60x126
Directions:From Downtown, head east on South to just past 13th st. Home on Left.
Total Sq. Ft. :3,936
Loan Price
$1,580
Price And Interest $1,278/month
Property Tax $200/month
MTG INS $0/month
HOME INS $102/month
Price
$245,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$200/month
Home Owner Insurance
$1,224 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
4th Bedroom 3 x 3
5th Bedroom 3 x 3
Family Room 1050 x 600
Dining Room 0 x 1050
Living Room 1 x 11
Annual Property Tax:$1,200
Tax Year:2019
Subdivision: None
Zip Code:47901
School System:Lafayette
High School:Jefferson
Middle School:Sunnyside/Tecumseh
Elementary School:Murdock
Total Sq. Ft.:3,936
Tour This Home
Lou Johnson, REALTOR®/Broker, F. C. Tucker Company, Inc.
Lou Johnson
Additional Phone (765) 448-4884
Tour This Home
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Listing provided courtesy of Berkshire Hathaway HS-Laf.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.