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Tools
Size
14
Bedrooms
8
Full Baths
6,368 Sq Ft.
interior
0.28 Acres
Exterior
Financial
$850,000
Change Currency
$133
Price Per Sqft
Listing Details
Multi Family
Property type
9632289
Web Id
202340775
MLS ID
321
Days Posted
Description
3538 Bethel Drive,
West Lafayette,
IN
47906
West 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 Pending listing.
Broker Office Phone Number: 765-807-7177
Copyright © 2024Lafayette 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.
This is an Pending listing.
Broker Office Phone Number: 765-807-7177
Copyright © 2024Lafayette 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.
Price History
date | price | variance | type |
---|---|---|---|
11/15/2023 | $850,000 | - | Contract |
Listing By: Keller Williams Lafayette via Data Source: Lafayette Regional Association of REALTORS®
listing agent: Scott Brown