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$850,000 (Pending)

3538 Bethel Drive West Lafayette, IN  47906

  • 14 Beds
  • 8 Baths
  • 6,368 sq. Ft

Property Description for 3538 Bethel Drive West Lafayette, IN 47906

Prime investment opportunity just minutes from Purdue University in West Lafayette. This fully rented 6-unit building offers an unbeatable location off the 231 bypass, providing seamless access to campus, retail stores, fast food, restaurants, and services. The area is witnessing strong growth and development, making it a lucrative choice for investors. The building is well-maintained with most units having had updated flooring, paint, appliances, and water heaters. Currently at high occupancy, there's room for rent increases, maximizing your potential returns. This exclusive property features two 3-bedroom units and four 2-bedroom units, making it one of only two buildings in the development with six units. Priced at a competitive 6.75 Cap Rate, this investment promises steady income and significant appreciation potential. Don't miss this rare opportunity to secure your future in this thriving market.

Address:3538 Bethel Drive West Lafayette IN 47906
Status:Pending
on site: 192 days
Price:$850,000
Bedrooms:14 Beds
Bathrooms:8 Full Baths
Sq. Feet:6,368
Year Built:2000
Lot Size:0.28
County: Tippecanoe County
Township: Wabash
MLS #:202340775
Property Type:Sixplex

Lot Dimensions:Irregular
Directions:Bethel Dr. SW corner of US 52 & US 231
Total Sq. Ft. :6,368
Basement:No

Loan Price
$5,046
Price And Interest $4,434/month
Property Tax $258/month
MTG INS $0/month
HOME INS $354/month
Price
$850,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$258/month
Home Owner Insurance
$4,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
2nd Bedroom null x 1200 Info Not Available
3rd Bedroom null x 6 Info Not Available
5th Bedroom 6 x 6 Info Not Available
Kitchen 950 x 950 Info Not Available
Family Room 950 x 950 Info Not Available
Living Room 4 x 2 Info Not Available

Semi-Annual Property Tax:$1,550
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47906

High School:William Henry Harrison
Middle School:Klondike
Elementary School:Klondike

Total Sq. Ft.:6,368
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 3538 Bethel Drive West Lafayette, IN  47906


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Listing provided courtesy of Scott Brown with Keller Williams Lafayette

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 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.



West Lafayette Market Report

80
Avg. DOM
$201.48
Avg. $ / Sq.Ft.
$ 479,900
Med. List Price

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