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549 S Third Street - Multifamily with 7 Spacious Units, Lafayette, IN

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549 S Third Street - Multifamily with 7 Spacious Units

Lafayette, IN 47905

Property Type:Multi-Family Number of Units:7 Status:Existing Year Built:1999
Stories:2 Building Size:8,837 SF Land Area:.12 AC (5,227 SF)
For Sale Price:$409,000 Price/Unit:$58,428.57 Cap Rate:8.50 % GRM:-

Parking:1.13 Parking Spaces / 1,000 SF

7 unit apartment building in downtown Lafayette offering 6 two bedroom and 1 one bedroom unit with a variety of modern floor plans.

Sale Notes:
Built in 2000, this 7 unit building offers six 2 bedroom units and a 1 bedroom unit. These spacious units have a variety of modern open floor plans. All kitchens come complete with a range, refrigerator, dishwasher, built in microwave and disposal. All units have a full size washer and dryer, central a/c, gas heat and a gas log fireplace. Units have a patio or a balcony with storage. Master bedrooms have walk in closets. Tenants pay gas (heat and fireplace) and electric.

This property is in downtown Lafayette, Indiana. It is a 2 minute drive to the county court house and a 6 minute drive to Purdue University Memorial Union.

Commercial Brokers, Inc.
C. Barry Rubin
(765) 497-9993

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