Description

Investor Opportunity in Lafayette, IN – Updated Duplex with Strong Cash Flow Located on the north side of Lafayette, this fully updated duplex presents a turnkey rental opportunity with strong income potential. The property includes two spacious units: Unit 1: 3 beds, 1.5 baths, approx. 1,472 sq ft, projected rent $1,250/month Unit 2: 3 beds, 2 baths, approx. 1,500 sq ft, projected rent $1,500/month Combined projected monthly income is $2,750, offering immediate cash flow. Both units have been updated and are currently occupied, minimizing upfront costs for investors. Additional highlights: Built-in mid 1900s On-street and rear alley parking options Located near major commuter routes and within the Lafayette School District Close proximity to local amenities, employment centers, and Purdue University, enhancing rental appeal With a price of $315,000 and a low annual property tax ($2,770 in 2024), this property is ideal for investors seeking stable returns in a high-demand rental market. Showings require 24-hour notice. Property sold as-is.