Unique investment opportunity. This building features two units and a large basement that are each leased making three units. 802 Columbia is currently rented as a 4 bedroom apartment but in the past was used for a salon and then as psychiatric offices. 109 N 8th st is an office space. Both share use of the handicap ramp on the back of the building for ada compliance. The basement space is rented as storage. All spaces are leased until May 31, 2024. The favorable zoning is ready for redevelopment and the lease timeline will keep the property cash flowing while plans are in the works. Within walking distance to all downtown attractions, the apartment has 4 bedrooms, a large kitchen, 1.5 baths. The entry and living room are gorgeous with stunning original wood and glass features. Features include hardwood floors, French doors, fireplace, built-in bookcases and beautiful antique ceiling fixtures. Tenant occupied. Proof of funds required for showings. Please allow 24 Hours notice for showings.
Closed
$340,000
802 Columbia St, Lafayette, IN 47901
4beds
3,118sqft
Multi Family
Built in 1915
-- sqft lot
$375,400 Zestimate®
$--/sqft
$1,699 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 28, 2024 at 01:02pm
Listed by:
Stephen Halsema 765-413-3768,
Smartdigs, LLC
Bought with:
Sidney Stelly, RB22001513
Keller Williams Lafayette
Source: IRMLS,MLS#: 202322734

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Hot Water, Fireplace(s)
Cooling
- Central Air
Features
- Ceiling Fan(s), Storage, Bookcases, Entrance Foyer
- Flooring: Carpet, Wood, Vinyl
- Basement: Crawl Space,Full,Walk-Out Access,Exterior Entry,Block
- Has fireplace: Yes
Interior area
- Total structure area: 4,704
- Total interior livable area: 3,118 sqft
- Finished area above ground: 3,118
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Gravel, Off Street, Off Street Parking
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: Metal,Wood,Fenced
Lot
- Size: 6,316 sqft
- Dimensions: 49' X 129'
- Features: Corner Lot, Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 790720486001.000004
- Zoning: C1,C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: Duke Energy Indiana
- Sewer: City
- Water: City
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Lafayette
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 24000