This wonderful investment opportunity comes with a duplex and little seperate cute cottage for a total of 6 bedrooms 3 bathrooms and a basement and backyard. Duplex has 2 bed 1 bath upstairs where new windows have been replaced, fresh paint, clean and collects $895 a month. Tenant pays electric and gas. The bottom unit is a 3 bed 1 bath with basement entrance with also new and newer windows. This unit just renewed for $1200 a month and also pays electric and gas for their unit. The cottage has been remodeled from the studs to this beautiful 1 bed cottage with new flooring, new cabinets, new paint, new fans, new doors, new vanity, new toilet, new windows, new appliances, new backsplash and new roof on the way! This unit is rented for for $795 with tenant again pay their own gas and electric with its own private parking. Exterior of the buildings have new or newer windows, brand new siding, new gutters as well as the cottage getting a new roof within a week.
Closed
$292,000
534 Park Ave, Lafayette, IN 47904
6beds
2,238sqft
Multi Family
Built in 1930
-- sqft lot
$326,000 Zestimate®
$--/sqft
$1,245 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 19, 2023 at 09:34am
Listed by:
Ryan Griswold 765-426-5502,
Elite Property Mgmt and Realty
Bought with:
Ryan Griswold, RB16000796
Elite Property Mgmt and Realty
Source: IRMLS,MLS#: 202315651

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Window Unit(s), None
Features
- Ceiling Fan(s), Storage
- Flooring: Carpet, Wood, Tile, Vinyl
- Windows: Storm Window(s)
- Basement: Unfinished,Block
Interior area
- Total structure area: 3,174
- Total interior livable area: 2,238 sqft
- Finished area above ground: 2,238
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Private, On Street, Off Street Parking, Gravel
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 7,840 sqft
- Dimensions: 60X125
- Features: Corner Lot, 0-2.9999, City/Town/Suburb
Details
- Additional structures: Outbuilding
- Parcel number: 790728278012.000004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lafayette
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 34680
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$326,000
2% more+$6,520
With Zillow Showcase(estimated)$332,520