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115 S 9th Street

Lafayette, IN 47901
  • $249,900
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 202222337
Price Reduced
UPDATED: 69 min ago
$249,900
  • 5
    BEDS
  • 0.24
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,098
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Fully rented 5 unit building bringing in over $3,000 per month in gross rents. All leases expire in July, 2022 so the new owner can structure leases however they'd like. At least 24 hour notice needed for showings.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Carole King Team. Data last updated: 2022-07-02T15:27:50.347.

www.tourlafayettehomes.com/homes/129597815
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115 S 9th Street Lafayette, IN 47901

  • Price: $249,900
  • Status: Active
  • On Site: 24 Days
  • Updated: 69 min ago
  • MLS #: 202222337
5
Beds
5
Baths
0
½ Baths
0.24
Acres
4,098
SQFT
$61
$/SQFT
1900
Built
Neighborhood:
None
County:
Tippecanoe
Area:
Tippecanoe
Elementary School:
Thomas Miller
Middle School:
Sunnyside/Tecumseh
High School:
Jefferson
School District:
Lafayette
Property Description
Fully rented 5 unit building bringing in over $3,000 per month in gross rents. All leases expire in July, 2022 so the new owner can structure leases however they'd like. At least 24 hour notice needed for showings.
Exterior Features

Driveway Gravel Exterior Vinyl Location City/Town/Suburb Lot Description Irregular Lot Dimensions 0.239A Outbuilding None Parking Spaces 5 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 5 Above Grade Finished Sqft 4098 Above Grade Unfin Sq Ft 0 Amenities Other-See Remarks Basement Foundation CellarPartial Basement Basement Material Brick Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1508 Cooling Wall AcWindow Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel Baseboard Microwaves 0 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 0 Total Baths 5 Total Below Grade Sqft 1508 Total Sq Ft 5606 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bathrooms 1 Unit4 Bedrooms 1 Unit5 Basement YN No Unit5 Bathrooms 1 Unit5 Bedrooms 1 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 7000 Annual Fuel Expense 7000 Annual Gross Rent 37320 Annual Insurance Expense 3325 Annual Maint Expense 1500 Annual Misc 0 Annual Net Income 13012 Annual Property Tax 4083 Annual Trash Expense 0 Annual Water Sewer Exp 1400 Assoc Dues Frequency Not Applicable Buildings 1 Efficiencies 1 Electric Meters 1 Exemptions Mortgage For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 3110 Gross Monthly Rent 3110 Lease Term 1 Year New Construction No One Bedrooms 4 Owner Pays CoolingHeatingSewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fiveplex Proposed Financing CashConventional Reo YN No Sale Includes Lease Sewer City Tenant Pays Other Three Bedrooms 0 Township Fairfield Two Bedrooms 0 Unit1 Unit Rent 700 Unit2 Unit Rent 530 Unit3 Unit Rent 700 Unit4 Unit Rent 550 Unit5 Unit Rent 630 Units Rented 5 Water Meters 1 Water Utility City Year Taxes Payable 2021

Listing provided by Calvin Dykhuizen of Keller Williams Lafayette: 765-807-7177.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Carole King Team.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Carole King Team. Data last updated: 2022-07-02T15:27:50.347.

 
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The Carole King Team
3928 McCarty Lane
Lafayette IN, 47905