• Property Type
  • Duplex, Residential Income
  • 3
  • Garages
  • Sqft
  • Area Size
602 S 1st Street, Lafayette, IN 47905
  • $250,000
  • $250,000

Description

Welcome to this fantastic investment opportunity in the heart of a vibrant and growing community. This spacious and versatile 4-bedroom, 2-bathroom property not only offers an ideal living space for families but also the potential to generate rental income as a two-unit building. Currently used as a single family rental at 1450/month, this property represents a valuable addition to your real estate portfolio. Property Highlights: 1. Spacious and Versatile: With four well-appointed bedrooms and two bathrooms, this property is perfect for accommodating a growing family. The ample space and layout make it comfortable and inviting. 2. Two-Unit Potential: This property features the unique opportunity to be converted into a two-unit building. You can capitalize on the growing demand for multi-family rentals by converting the layout to create two separate living spaces. A great income-generating prospect for investors. 3. Convenient Location: Situated in a thriving community, this property is close to schools, parks, shopping centers, and public transportation, making it an attractive choice for potential tenants. Its prime location enhances its rental potential. 4. Future Growth: The property is located in a community with a track record of growth and development, promising appreciation in property value over time. Don’t miss the opportunity to invest in this 4-bedroom, 2-bathroom property with the potential to become a two-unit rental income powerhouse. Whether you’re a seasoned real estate investor or just starting your journey, this property offers versatility, income potential, and room for growth.

  • Address: 602 S 1st Street
  • City: Lafayette
  • State/county: IN
  • Zip/Postal Code: 47905
  • Area: No Subdivision

Details

Updated on December 5, 2023 at 6:06 am
  • Property ID 21950073
  • Price $250,000
  • Land Area 0.17 Acres
  • Garages 3
  • Garage Size x x
  • Year Built 1957
  • Property Type Duplex, Residential Income
  • Property Status Expired

Additional details

  • Roof Asphalt
  • Cooling Central Electric
  • Heating Electric
  • County Tippecanoe
  • Property Type Residential Income
  • Parking Detached
  • Architectural Style TraditonalAmerican

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Contact Information

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Preeti Chaggar

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