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110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
110 S 16th Street
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Courtesy of Keller Williams Lafayette, Jessica Collaco, 765-807-7177
$245,000

110 S 16th Street

4,298 Sq.Ft. 653 Sq.Ft.

Description

Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue. Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.

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Location

110 S 16th Street, Lafayette, IN 47905

Status

Sold
Jenny Sarti

Jenny Sarti

Property Amenities

Interior
Flooring Concrete, Wood
Other Interior Features Drywall, Other
Area & Lot
Lot Area 653 Sq.Ft.
Living area 4,298 Sq.Ft.
MLS® ID 202540081
Year Built 1960
Middle School No
Type Commercial
Status Sold
Exterior
Stories 2
Air conditioning Central Air, Wall AC
Heat type Gas, Forced Air
Sewer City
Roof Rubber, Shingle
Utilities Mun Sewer to Site, Mun Water to Site
Finance
Sales Price $245,000
Real Estate Tax $7,123 yearly

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Lafayette

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