2022 Elk Street, Lafayette, IN 47904

$179,900
2
BD
2
BA
1,324
SqFt
List Price
$179,900
Status
ACTIVE
MLS#
202441835
Days on Market
1
Style
One Story
Year Built
1910
Days On Market
1
Bedrooms
2
Bathrooms
2
Living Area
1,324
Above grade
752
Township
Fairfield

Property 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!

Additional Information

Acres
0.10
Taxes
$1,585
Lot Description
Corner
Heating
Gas, Baseboard, Forced Air
Cooling
Central Air, Wall AC
Appliances
Microwave, Refrigerator, Range-Gas, Water Heater Electric, Water Heater Gas
Amenities
Cable Ready, Ceiling Fan(s), Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room
School District
Lafayette
Elementary School
Vinton
Middle School
Sunnyside/Tecumseh
High School
Jefferson
Agent Name
Scott Brown

Listing courtesy of Scott Brown from Keller Williams Lafayette. Agt: 765-714-1971

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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