Lafayette, IN 47901,635 North Street
Lafayette, IN 47901,635 North Street
Lafayette, IN 47901,635 North Street
36
$450,000
$450,000
Est.Price: ?

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7 BD
7 BA
2,676 SqFt

635 North Street Lafayette, IN 47901

Est. payment /mo
SOLD DATE : 02/28/2025

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Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Sevenplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,676 sqft

MLS Listing ID 202502701

Style Two Story

Bedrooms 7

Full Baths 7

Year Built 1920

Lot Size 7,435 Sqft

Property Sub-Type Sevenplex

Property Description

This is an exceptional investment opportunity featuring a thoughtfully maintained seven-plex situated in a highly sought-after downtown locale. This fully occupied multi-unit property comprises seven efficiency units and is ideally located within walking distance of Main Street. Nestled in historic downtown Lafayette, the building provides convenient access to local coffee shops, local restaurants, pubs, boutiques, entertainment venues, and various activities offered in greater downtown Lafayette, all just steps from your door. It is particularly suitable for college students, given its proximity to the pedestrian bridge leading to Purdue University's campus, which can be reached easily by bike or a short car ride. The property currently generates a monthly gross income of $3,605. Half of the units are equipped with separate utilities, while the owner covers utilities for the remaining units. The seller is responsible for water service for the entire building. 635 North presents significant potential for increased rental income in the future. Schedule your private showing today. (Agents please refer to agent remarks for more info).

Location

State IN

County Tippecanoe County

Area Tippecanoe County

Rooms

Family Room 520 x 620

Dining Room 0 x 485

Kitchen , 490 x 363

Interior

Flooring Carpet, Laminate, Other, Vinyl

Fireplaces Number 2

Laundry , 0

Exterior

Garage Spaces 1.0

Fence None

Amenities Available Foyer Entry

Roof Type Asphalt,Shingle

Building

Lot Description Level, 0-2.9999

Story 2

Structure Type Asbestos,Other

New Construction No

Schools

Elementary Schools Thomas Miller

Middle Schools Sunnyside/Tecumseh

High Schools Jefferson

School District Lafayette

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Indiana Regional MLS (IRMLS)
Listed by Tabitha Casto • TruVant Realty
Bought with Jenny Sarti • Raeco Realty

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agent

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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