4511 SR 25 N Active Save Request In-Person Tour Request Virtual Tour
Lafayette,IN 47905
Key Details
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,236 sqft
Price per Sqft $165
MLS Listing ID 202540436
Style One Story
Bedrooms 9
Full Baths 6
Year Built 1961
Tax Year 2025
Lot Size 1.510 Acres
Property Sub-Type Fiveplex
Property Description
CAP RATE 6.71% Cash Flow Dream-4 Homes, Workshop Barn, 1.51 acres! Looking for a rare investment in a peaceful country setting? This cash-producing 5 unit property features a spacious main ranch home with a finished basement with attached 2 car garage and workshop barn PLUS three additional homes, all leased generating a total of $4,700/month with room to raise! Each cottage includes a carport, window ac and shed. Located in the highly desirable Hershey, East Tipp and Harrison schools, this property is a golden opportunity for investors seeking instant cash flow and long-term upside. Ideal for seasoned investors or anyone looking to start a portfolio. Part of a living trust, any sale subject to the tenants and their leases. Inspections welcome, sold as-is. 24 hour showing notice required.
Location
State IN
County Tippecanoe County
Area Tippecanoe County
Rooms
Family Room 1000 x 1000
Dining Room 0 x 1000
Kitchen , 800 x 900
Interior
Flooring Carpet,Ceramic Tile,Mixed,Vinyl
Fireplaces Number 4
Laundry , 12
Exterior
Exterior Feature None
Garage Spaces 1.0
Fence None
Amenities Available Basement,Ceiling Fan,Off Street Parking,Storage,Foyer Entry,Porch Covered,Porch Open,Water Heater Gas,Garage-Heated
Waterfront Description None
Roof Type Composite,Shingle
Building
Lot Description Corner,Level,0-2.9999
Story 1
Structure Type Aluminum
New Construction No
Schools
Elementary Schools Hershey
Middle Schools East Tippecanoe
High Schools William Henry Harrison
School District Tippecanoe School Corp.
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202540436