1318 Morton Street

    Lafayette, IN 47904
    • $205,000
    • STATUS: Cont-AccptngBackupOffers
    • ON SITE: 19 days
    • MLS #: 202008503
    UPDATED: 17 min ago
    $205,000
    • 11
      BEDS
    • 0.15
      ACRES
    • 4
      BATHS
    • 2
      1/2 BATHS
    • 5,008
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

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

    Description

    One of the most updated investment properties in all of Lafayette, this triplex has all new flooring, windows, kitchen cabinetry/countertops, appliances, mechanicals, new roof in 2014 and much more! With all three units seperately metered for electric and gas, you'll cash flow easily with $2,225 in monthly rents. Rarely will you find a triplex that features 4 bedrooms in both main floor units and 3 bedrooms on upper unit along with a huge parking area in the back and easily available street parking. Tenants will enjoy the convenient walking distance to local schools and shopping or utilize the bus stop just one block away. Upper unit and one lower unit currently occupied with the 2nd lower unit just recently vacated, cleaned up and ready to rent!

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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: 2020-03-28T20:27:43.963.

    www.tourlafayettehomes.com/homes/103961751

    1318 Morton Street Lafayette, IN 47904

    • Price: $205,000
    • Status: Cont-AccptngBackupOffers
    • Updated: 17 min ago
    • MLS #: 202008503
    11
    Beds
    4
    Baths
    2
    ½ Baths
    0.15
    Acres
    5,008
    SQFT
    $41
    $/SQFT
    1920
    Built
    Neighborhood:
    None
    County:
    Tippecanoe
    Area:
    Tippecanoe
    Elementary School:
    Thomas Miller
    Middle School:
    Sunnyside/Tecumseh
    High School:
    Jefferson
    School District:
    Lafayette
    Property Description
    One of the most updated investment properties in all of Lafayette, this triplex has all new flooring, windows, kitchen cabinetry/countertops, appliances, mechanicals, new roof in 2014 and much more! With all three units seperately metered for electric and gas, you'll cash flow easily with $2,225 in monthly rents. Rarely will you find a triplex that features 4 bedrooms in both main floor units and 3 bedrooms on upper unit along with a huge parking area in the back and easily available street parking. Tenants will enjoy the convenient walking distance to local schools and shopping or utilize the bus stop just one block away. Upper unit and one lower unit currently occupied with the 2nd lower unit just recently vacated, cleaned up and ready to rent!
    Exterior Features

    Exterior Vinyl Location City/Town/Suburb Lot Description Corner Lot Dimensions 50 X 129 Outbuilding None Parking Spaces 5 Pool YN No Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 11 Above Grade Finished Sqft 5008 Above Grade Unfin Sq Ft 0 Amenities Basement Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1530 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring CarpetLaminate Heating Fuel ElectricityGasBaseboard Main Level Sq Ft 1948 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 1530 Total Sq Ft 6538 Unit1 Basement YN Yes Unit1 Bathrooms 1.5 Unit1 Bedrooms 4 Unit1 Sq Ft 1739 Unit2 Basement YN Yes Unit2 Bathrooms 2 Unit2 Bedrooms 4 Unit2 Sq Ft 1739 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 3 Unit3 Sq Ft 1530 Upper Level Sq Ft 1530 Wash Dry Hookups 2 Washers 0

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 26700 Annual Insurance Expense 1000 Annual Maint Expense 1000 Annual Misc 0 Annual Net Income 22188 Annual Property Tax 1712 Annual Trash Expense 0 Annual Water Sewer Exp 800 Assoc Dues Frequency Not Applicable Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Meters 3 For Sale Or Rent For Sale Four Bedrooms 2 Gas Meters 3 Gross Monthly Income 2225 Gross Monthly Rent 2225 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays Building InsuranceMaintenanceSewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays CoolingElectricFuelHeating Three Bedrooms 1 Township Fairfield Two Bedrooms 0 Unit1 Unit Rent 775 Unit2 Unit Rent 725 Unit3 Unit Rent 725 Units Rented 2 Water Meters 1 Water Utility City Year Taxes Payable 1711.28

    Listing courtesy of Chris Bradford of Bradford Real Estate.
    © 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: 2020-03-28T20:27:43.963.

     
    The Carole King Team
    3928 McCarty Lane
    Lafayette IN, 47905