2022 Elk Street Pending Save Request In-Person Tour Request Virtual Tour
Lafayette,IN 47904
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Pending
Purchase Type For Sale
Square Footage 752 sqft
Price per Sqft $239
MLS Listing ID 202441835
Style One Story
Bedrooms 2
Full Baths 2
Year Built 1910
Annual Tax Amount $1,585
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Site-Built Home
Property Description
This property is a non-conforming use with 2 rental units on one parcel. Please consult with your lender prior to making an offer. This unique investment opportunity features two separate housing units with grandfather zoning - allowing for flexible living or rental income! The main home is a cozy 2-bedroom, 1-bath residence, featuring a warm sunroom, spacious dining area, and an updated kitchen. A full basement provides additional storage or potential for extra space. The second unit is a comfortable 1-bedroom with its own kitchen, dining space, and living room, ideal for a tenant, extended family, or even a guest suite. Both units are currently occupied on a month-to-month basis, offering immediate rental income with flexibility. This property is ideal for first-time homeowners seeking extra income, savvy investors, or students looking to offset costs by renting to roommates. It's close proximity to West Lafayette, versatility, and income potential, this property is a rare find that promises value for a variety of living arrangements and investment strategies!
Location
State IN
County Tippecanoe County
Area Tippecanoe County
Zoning R1
Rooms
Dining Room 13 x 14
Kitchen Main, 12 x 8
Interior
Heating Gas,Baseboard,Forced Air
Cooling Central Air,Wall AC
Flooring Carpet,Tile,Vinyl
Fireplaces Type None
Laundry Basement
Exterior
Fence Partial,Chain Link,Wood
Amenities Available Cable Ready,Ceiling Fan(s),Countertops-Laminate,Disposal,Dryer Hook Up Electric,Eat-In Kitchen,Range/Oven Hook Up Gas,Tub/Shower Combination,Formal Dining Room
Roof Type Asphalt
Building
Lot Description Corner
Story 1
Foundation Partial Basement
Sewer City
Water City
Structure Type Aluminum,Block
New Construction No
Schools
Elementary Schools Vinton
Middle Schools Sunnyside/Tecumseh
High Schools Jefferson
School District Lafayette
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202441835