$192,000
Sold

918 S 14th Street

Lafayette, IN 47905
3122 sqft | 4 beds | 3 baths | #202117374
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

Nearly $20,000 in Annual Net Income! This well maintained Triplex is located in the desirable area just south of Kossuth Street within walking distance of Great Harvest Bakery. Fully rented with a 2 bed unit ($900/month), 1 bed unit ($695/month) and efficiency apartment ($200/week) for a total monthly gross of $2,462. Owner pays all utilities. Total monthly expenses of $804 brings the average monthly Net Income to $1,658! Both the 2 bed and 1 bed unit leases expire in 2022 while efficiency is rented weekly. Tenants pay on time and help to maintain the property. Come check this one out...great property for first time investor or seasoned pro! 24 hour notice for all showings.

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
OR