514 Salem, Lafayette, IN 47904 - Myers Trust

514 Salem, Lafayette, IN 47904

Overview

MLS ID: #202138585
Price: $ 1,300,000
Sq Ft: 1,800
Finished Sq Ft: 1,800
Lot Size: 0.53 Acres
Year Built: 1965
Bedrooms: 8
Full Bathrooms:
Half Bathrooms: 1
Taxes: $ 2,513
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Investment opportunity with unlimited potential. Listing consists of 5 parcels which includes a laundromat and parking lot, one single family home and two duplexes. The 5 parcels are all adjoining. Some units have tenants but no leases in place. Seller will not divide this listing. Income from laundromat is included in rent number.

MLS ID: 202138585

Details

# of Units 5
Price Per Unit 260,000
Above Grade Finished SF 1,800
Above Grade Unfinished SF 1
Combined Finished SF 1,800
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 1,800
Lot Dimensions IRR
Approx Lot Size SqFt 23,087
Approx Lot Size Acres 0.530
Garage SF 9,574
Garage # of Cars 1
# of Fireplaces 3
Water Front No
Style Other
New Construction No
Elementary School Thomas Miller
Middle School Sunnyside/Tecumseh
Senior Jefferson
District Lafayette
# Bedrooms 8
# of Full Baths 0
# of Half Baths 1
# Above Grade Bedrooms 4
Living Room 3 x 0
Kitchen 680 x 680
Bedroom 4 1 x 1
Extra Room 32 x 32
Laundry Room 17 x
Other Room 2 1 x 11679
Other Room 3 2 x
Annual Gross Rent Income $140,152.00
Annual Sewer Expense $9,574.00
Annual Fuel Expense $6,840.00
Annual Electric Expense $7,685.00
Annual Trash Expense $0.00
Annual Property Tax $6,072.00

Listing Office: Coldwell Banker Shook

Listing Agent: Susie Eros

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.