Description
3538 Bethel Drive,
Lafayette,
IN
47906
Prime investment opportunity just minutes from Purdue University in West Lafayette. This fully rented 6-unit building offers an unbeatable location off the 231 bypass, providing seamless access to campus, retail stores, fast food, restaurants, and services. The area is witnessing strong growth and development, making it a lucrative choice for investors. The building is well-maintained with most units having had updated flooring, paint, appliances, and water heaters. Currently at high occupancy, there's room for rent increases, maximizing your potential returns. This exclusive property features two 3-bedroom units and four 2-bedroom units, making it one of only two buildings in the development with six units. Priced at a competitive 6.75 Cap Rate, this investment promises steady income and significant appreciation potential. Don't miss this rare opportunity to secure your future in this thriving market.
This is an Active listing.
Broker Office Phone Number: 765-807-7177
Copyright © 2023Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Deck
- Dishwasher
- Garbage Disposal
- Patio
- Porch
- Tile Flooring
- Dryer Included
- Ceramic Flooring
- Laminate Flooring
- Washer / Dryer
- Asphalt Shingle Roof
- Off Street Available
Listing By: Keller Williams Lafayette via Data Source: Lafayette Regional Association of REALTORS®
Multi Family
Property type
Klondike
Schools
Klondike
Elementary
Klondike
Middle
William Henry Harrison
High
Price History
date | price | variance | type |
---|
11/5/2023 | $850,000 | - | Listed |
listing agent: Scott Brown