Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue.Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.
Active
$349,900
110 S 16th St, Lafayette, IN 47905
3beds
1,360sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$337,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 22 hours |
- 148 |
- 6 |
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