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    1313 Palmer Drive

    West Lafayette, IN 47906
    • $194,900
    • STATUS: Cont-AccptngBackupOffers
    • ON SITE: 56 days
    • MLS #: 202029237
    UPDATED: 179 min ago
    $194,900
    • 3
      BEDS
    • 0.25
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    • 3,096
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Information

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

    Description

    Incredible investment opportunity around the corner from Purdue campus! 3 bedroom home with 2 full and 2 half baths, full finished basement with new flooring. All new carpet in living room and 2nd floor. Hardwood in foyer, dining room, family room and kitchen. Lots of living space and a lovely backyard bordering golf course, as well as a 2 car attached garage. The current renter has a lease in place until July 2021 and is paying $1300/month (with potential for $1500-1600/mo) and is responsible for their own utilities, except sewage. Work the numbers and see for yourself that this home has the potential for great positive cash flow!

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    © 2020 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: 2020-09-23T00:27:59.08.

    www.tourlafayettehomes.com/homes/108311853
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    1313 Palmer Drive West Lafayette, IN 47906

    • Price: $194,900
    • Status: Cont-AccptngBackupOffers
    • Updated: 179 min ago
    • MLS #: 202029237
    3
    Beds
    2
    Baths
    2
    ½ Baths
    0.25
    Acres
    3,096
    SQFT
    $63
    $/SQFT
    1965
    Built
    Neighborhood:
    Fairway Knolls
    County:
    Tippecanoe
    Area:
    Tippecanoe
    Elementary School:
    Klondike
    Middle School:
    Klondike
    High School:
    William Henry Harrison
    School District:
    Tippecanoe School Corp.
    Property Description
    Incredible investment opportunity around the corner from Purdue campus! 3 bedroom home with 2 full and 2 half baths, full finished basement with new flooring. All new carpet in living room and 2nd floor. Hardwood in foyer, dining room, family room and kitchen. Lots of living space and a lovely backyard bordering golf course, as well as a 2 car attached garage. The current renter has a lease in place until July 2021 and is paying $1300/month (with potential for $1500-1600/mo) and is responsible for their own utilities, except sewage. Work the numbers and see for yourself that this home has the potential for great positive cash flow!
    Exterior Features

    Architectural Style Traditional Driveway Concrete Exterior Vinyl Location City/Town/Suburb Lot Description Rolling Lot Dimensions 94X120 Outbuilding None Parking GarageStreet Parking Spaces 4 Pool YN No Roof Material Shingle Style Two Story Unit1 Garage Type Attached Waterfront YN No

    Interior Features

    Above Grade Bedrooms 3 Above Grade Finished Sqft 2396 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanStorageBarGarage Door Opener Basement Foundation FinishedFull Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 700 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 1 Disposals 1 Dryers 1 Flooring CarpetVinylWood Heating Fuel GasForced Air Microwaves 1 Ranges Ovens 1 Refrigerators 1 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 700 Total Sq Ft 3096 Unit1 Basement YN Yes Unit1 Bathrooms 4 Unit1 Bedrooms 3 Unit1 Sq Ft 2396 Wash Dry Hookups 1 Washers 1

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 15600 Annual Insurance Expense 862 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 12214 Annual Property Tax 2524 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Buildings 1 Documents Available Lbp FormLegal Description Efficiencies 0 Electric Company Duke Energy Indiana Electric Meters 1 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Vectren Energy Gas Meters 1 Gross Monthly Income 1300 Gross Monthly Rent 1300 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays None Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashConventional Reo YN No Sale Includes Lease Sewer City Tenant Pays ElectricFuelHeating Three Bedrooms 1 Township Wabash Two Bedrooms 0 Unit1 Unit Rent 1300 Units Rented 1 Water Meters 1 Water Utility City Year Taxes Payable 2020

    Listing courtesy of Rebecca Gibson of Raeco Realty.
    © 2020 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.


    © 2020 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: 2020-09-23T00:27:59.08.

     
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    The Carole King Team
    3928 McCarty Lane
    Lafayette IN, 47905