1502 Schuyler Avenue

    Lafayette, IN 47904
    • $1,070,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 201940361
    UPDATED: 23 min ago
    $1,070,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,438
      SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    Investment opportunity with 31 residential units and a 2,600 sf commercial office space on road frontage. This is not a pretty property on the outside, but the Net Operating Income is very strong. Some units have had updates between tenants, and recent capital improvements include sewer lines and electrical. Front commercial building could be a property management office, laundry facility, or leased as a single unit or split into 2 suites. 48 hour notice for all property previews. Financials available upon request.

    Monthly Payment Calculator



    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2019-10-14T21:27:50.063.

    www.romanskigroup.com/homes/98930108

    1502 Schuyler Avenue Lafayette, IN 47904

    • Price: $1,070,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 201940361
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    10,438
    SQFT
    $103
    $/SQFT
    1930
    Built
    Neighborhood:
    None
    County:
    Tippecanoe
    Area:
    Tippecanoe
    Property Description
    Investment opportunity with 31 residential units and a 2,600 sf commercial office space on road frontage. This is not a pretty property on the outside, but the Net Operating Income is very strong. Some units have had updates between tenants, and recent capital improvements include sewer lines and electrical. Front commercial building could be a property management office, laundry facility, or leased as a single unit or split into 2 suites. 48 hour notice for all property previews. Financials available upon request.
    Exterior Features

    Construction Type1 Stick Driveway Asphalt Exterior BrickVinylWood Fence None Fire Doors YN No Location City Lot Dimensions Irr Parcel Description 0-2.9999 Parking PavedPrivate Parking Spaces 32 Parking Type Surface Parking YN Yes Road Access City Road Frontage Description Public Road Surface Asphalt Roof Material AsphaltShingle Sea Wall Type None Security Light YN No Sign Type Other Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation Partial Basement Basement YN No Bldg1 Above Grd Sq Ft 5608 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Bldg2 Above Grd Sq Ft 2640 Bldg2 Below Grd Sq Ft 0 Bldg2 Fin Office Sq Ft 0 Bldg3 Above Grd Sq Ft 2190 Bldg3 Below Grd Sq Ft 0 Bldg3 Fin Office Sq Ft 2190 Ceiling Height 9 Column Spacing 20 Cooling Central AirWindow Flooring CarpetTileVinyl Heating Fuel ElectricGasBaseboardForced Air Interior Height 9 Interior Walls Wood Special Features None Total Restrooms 33

    Property Features

    Annual Taxes 14920 Auction YN No Buildings 3 Burglar Alarm YN No Cable Company Comcast Currently Leased YN Yes Documents Available Lbp Form Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gas Company Vectren Energy Ingress Egress Other Inside City Limits Yes Lease Available YN Yes Lease Term Remaining None New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Other Property Sub Type Other/Unknown Property Use Investment Property Proposed Financing CashConventional Public Utilities Mun. Sewer To Site Reo YN No Restrictions None Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Fairfield Water Company Other Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2019

    Listing courtesy of Scott Brown of Keller Williams Lafayette.
    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2019-10-14T21:27:50.063.

     
    The Romanski Group - Keller Williams Realty
    Lafayette, West Lafayette
    and Kokomo IN,