1219 S 4th St, Lafayette, IN 47905
- $329,000
- 5
- BD
- 2
- BA
- 2,080
- SqFt
- List Price
- $329,000
- MLS#
- 202624714
- Sqft. of Residence
- 2,080
- Status
- ACTIVE
Property Description
USE ONE SIDE FOR BUSINESS AND RENT OUT THE OTHER SIDE. Prime Investment Opportunity Near Purdue University. This income-generating duplex offers an unbeatable location just minutes from campus, downtown, bus lines, and the public library, making it an ideal choice for student living or traditional rentals. The property features a classic exterior with a covered front porch, alongside a separate entrance for added privacy. Unit 1 features a unique, wide-open layout with a flexible living space and a functional kitchen setup, with market rent projected at $1,400 per month. Unit 2 provides a classic, comfortable multi-level layout including a cozy living room, a spacious kitchen, and relaxing bedroom spaces, currently cash-flowing at $1,430 per month. Both units feature the massive tenant perk of in-unit washers and dryers, a private side patio area perfect for outdoor relaxation, and low overhead with tenants paying all utilities. A great opportunity to rent one side and run a successful business out of the other side.
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Additional Information
- Tenant Pays
- Electricity, Fuel, Water
- Style
- Traditional
- Basement
- Cellar, Partial
- Foundation
- Block, Poured Concrete, Stone
- Stories
- 2
- Acres
- 0.15
- Cooling
- Central Air, Window/Wall
- Water
- City
- Region
- Tippecanoe County
- School District
- Lafayette
Listing courtesy of Sherry Cole from Keller Williams Lafayette. Agt: 765-426-9442
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 