816 Tippecanoe St., Lafayette, IN
Multi-family for Sale - $300,000 - 3,132 Sq. Ft.
Property Info
CIMLS# | 1033420 |
Location 816 Tippecanoe St. Lafayette IN 47904 | |
Updated | December 18th, 2018 |
Type | Multi-family |
Price | $300,000 |
Building | 3,132 Sq. Ft. |
Property Description
Spacious 1 bedroom apartments fully leased to Purdue students though the 2018-2019 lease term. The kitchens are equipped with a refrigerator, stove, and microwave. The units also have air conditioning, ceiling fans, and outdoor space. Tenants pay for electricity, internet and television. The landlord is responsible water, sewage and trash. There is also plenty of off-street parking in the large parking lot behind the building.
Apartments are located on a quiet side street just across the bridge in Lafayette. The location is close to local bus lines that run to Purdue and Old U.S. 231 for easy access to major roads.
Gross Rents $39,695.00
Insurance: $2,081.00
Professional Fees: $1,383.00
Repairs: $8,280.00
Taxes: $3,880.00
Utilities: $2,516.00