1219 S 4th Street, Lafayette, IN 47905
- $329,000
- 5
- BD
- 2
- BA
- 2,637
- SqFt
- List Price
- $329,000
- Status
- ACTIVE
- MLS#
- 202624714
- Days on Market
- 36
- Price Change
- ▼ $25,900 1785271880
- Style
- Two Story
- Year Built
- 1935
- Days On Market
- 36
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,637
- Above grade
- 2080
- Township
- Fairfield
Property Description
USE ONE SIDE FOR BUSINESS AND RENT OUT THE OTHER SIDE. Prime Investment Opportunity Near Purdue University. This income-generating duplex offers an unbeatable location just minutes from campus, downtown, bus lines, and the public library, making it an ideal choice for student living or traditional rentals. The property features a classic exterior with a covered front porch, alongside a separate entrance for added privacy. Unit 1 features a unique, wide-open layout with a flexible living space and a functional kitchen setup, with market rent projected at $1,400 per month. Unit 2 provides a classic, comfortable multi-level layout including a cozy living room, a spacious kitchen, and relaxing bedroom spaces, currently cash-flowing at $1,430 per month. Both units feature the massive tenant perk of in-unit washers and dryers, a private side patio area perfect for outdoor relaxation, and low overhead with tenants paying all utilities. A great opportunity to rent one side and run a successful business out of the other side.
Additional Information
- Acres
- 0.15
- Taxes
- $1,116
- Exterior
- Vinyl
- Heating
- Gas, Forced Air
- Cooling
- Central Air, Window
- Appliances
- Building
- Flooring
- Carpet, Concrete, Vinyl
- Amenities
- Ceiling Fan, Ceiling-9+, Ceiling-Tray, Countertops-Laminate, Open Floor Plan, Water Heater Gas, Washer Hook-Up
- School District
- Lafayette
- Elementary School
- Thomas Miller
- Middle School
- Sunnyside/Tecumseh
- High School
- Jefferson
- Agent Name
- Sherry Cole
Listing courtesy of Sherry Cole from Keller Williams Lafayette. Agt: 765-426-9442
IDX information is provided by the Indiana Regional MLS and is exclusively for the 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.
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