$179,900
Pending

2022 Elk Street

Lafayette, IN 47904
1324 sqft | 2 beds | 2 baths | #202441835
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Property Details
      • CountyTippecanoe County
      • Property SubtypeSite-Built Home
      • MLS #202441835
      • MLS #202441835
      • Property TypePurchase
      • Cost179900
      • Square Feet1324
      • Year Built1910
      • Bedrooms2
      • Bathrooms2

Location

Joe Martino | Martino Realty & AuctioneersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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