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635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
635 North Street
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Courtesy of TruVant Realty, Tabitha Casto, 765-427-2501
$450,000

635 North Street

7 Beds 7 Baths 2,676 Sq.Ft. 7,436 Sq.Ft.

Description

This is an exceptional investment opportunity featuring a thoughtfully maintained seven-plex situated in a highly sought-after downtown locale. This fully occupied multi-unit property comprises seven efficiency units and is ideally located within walking distance of Main Street. Nestled in historic downtown Lafayette, the building provides convenient access to local coffee shops, local restaurants, pubs, boutiques, entertainment venues, and various activities offered in greater downtown Lafayette, all just steps from your door. It is particularly suitable for college students, given its proximity to the pedestrian bridge leading to Purdue University's campus, which can be reached easily by bike or a short car ride. The property currently generates a monthly gross income of $3,605. Half of the units are equipped with separate utilities, while the owner covers utilities for the remaining units. The seller is responsible for water service for the entire building. 635 North presents significant potential for increased rental income in the future. Schedule your private showing today. (Agents please refer to agent remarks for more info).

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Location

635 North Street, Lafayette, IN 47901

Status

Sold
Jenny Sarti

Jenny Sarti

Property Amenities

Interior
Flooring Carpet, Laminate, Other, Vinyl
Total Bedrooms: 7
Full Bathrooms: 7
Area & Lot
Total area 4,014 Sq.Ft.
Lot Area 7,436 Sq.Ft.
Living area 2,676 Sq.Ft.
MLS® ID 202502701
Year Built 1920
School District Lafayette
High School Jefferson
Middle School Sunnyside/Tecumseh
Elementary School Thomas Miller
Water Frontage None
Architecture Styles Traditional
Type Multi-Family
Status Sold
Exterior
Stories 2
Air conditioning None
Heat type Gas, Forced Air
Sewer City
Lot Features Level, 0-29999
Roof Asphalt, Shingle
Utilities City
Finance
Sales Price $450,000

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