1102 North St
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1102 North St
6 Unit Apartment Building $599,000 ($99,833/Unit) Lafayette, IN 47904
Executive Summary
1102 North Street is 6 unit property featuring 5 - 2 bedroom units and 1 - 1 bedroom unit. The property is currently under rented offering potential upside for the next owner. Property features a laundry room for the building, that is currently not being utilized by current ownership. R3 zoning offers new owners the ability to continue to run the property as a traditional, long rentals or short term rentals.
Property Facts
| Price | $599,000 | Building Class | C |
| Price Per Unit | $99,833 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 4,686 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 0.85/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | $599,000 |
| Price Per Unit | $99,833 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,686 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 0.85/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 781 |
| 1+1 | 1 | - | 781 |
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Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 79-07-21-315-008.000-004 | Improvements Assessment | $251,700 |
| Land Assessment | $0 | Total Assessment | $251,700 |
PROPERTY TAXES
Parcel Number
79-07-21-315-008.000-004
Land Assessment
$0
Improvements Assessment
$251,700
Total Assessment
$251,700
zoning
| Zoning Code | R3 (Residential Multifamily) |
| R3 (Residential Multifamily) |
-
Josh Shives -
Raeco Realty
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1102 North St
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