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1102 North St

6 Unit Block of Flats £472,611 (£78,768/Unit) Lafayette, IN 47904

Executive Summary

1102 North Street is 6 unit property featuring 5 - 2 bedroom units and 1 - 1 bedroom unit. The property is currently under rented offering potential upside for the next owner. Property features a laundry room for the building, that is currently not being utilized by current ownership. R3 zoning offers new owners the ability to continue to run the property as a traditional, long rentals or short term rentals.

Property Facts

Price £472,611 Building Class C
Price Per Unit £78,768 Lot Size 0.21 AC
Sale Type Investment Building Size 4,686 SF
Sale Conditions 1031 Exchange Average Occupancy 100%
No. Units 6 Number of Floors 2
Property Type Residential Year Built 1984
Property Subtype Apartment Parking Ratio 0.85/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £472,611
Price Per Unit £78,768
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 4,686 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1984
Parking Ratio 0.85/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 5 - 781
1+1 1 - 781
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Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 79-07-21-315-008.000-004 Improvements Assessment £198,591
Land Assessment £0 Total Assessment £198,591

PROPERTY TAXES

Parcel Number
79-07-21-315-008.000-004
Land Assessment
£0
Improvements Assessment
£198,591
Total Assessment
£198,591

zoning

Zoning Code R3 (Residential Multifamily)
R3 (Residential Multifamily)
(765) 404-9900

  • Listing ID: 33679640

  • Date on Market: 29/10/2024

  • Last Updated:

  • Address: 1102 North St, Lafayette, IN 47904

The Residential Property at 1102 North St, Lafayette, IN 47904 is currently available For Sale. Contact Raeco Realty for more information.

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1102 North St
(765) 404-9900 x

1102 North St

Josh Shives

(765) 404-9900

(765) 404-9900

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