629 Central Avenue, Lapel, IN 46051
- $149,900
- $149,900
Description
Exciting investment opportunity available! This 3-unit triplex is located in a thriving area and is ready for a new owner. The property requires updates, offering you the chance to customize and enhance its value. Units A and B are located downstairs, while Unit C is situated upstairs. Previously, the owner indicated that rental rates ranged between $500 and $600 per unit, with potential for increased earnings post-renovation. Don’t miss out on this chance to transform and profit from a promising property The current owner has never leased or occupied the units and is open to selling on contract.
Address
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Address: 629 Central Avenue
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City: Lapel
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State/county: IN
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Zip/Postal Code: 46051
Details
Updated on November 12, 2025 at 10:13 pm-
Property ID 22069685
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Price $149,900
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Land Area 0.13 Acres
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Garage 1
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Garage Size x x
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Year Built 1910
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Property Type Triplex, Residential Income
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Property Status Closed
Additional details
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County Madison
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Property Type Residential Income
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Parking Attached
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Elementary School Lapel Elementary School
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Middle School Lapel Middle School
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High School Lapel Sr High School
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