SoldMar 27, 2024

Listed by Stephen Halsema

Source: Indiana Regional MLS #202322734

802 Columbia Street, Lafayette, IN, 47901

$340,000

4
1
3118 sq. ft.

MultiFam

•

30+ days on the market

Sold: Mar 27, 2024

What's around 802 Columbia Street

About this property

Unique investment opportunity. This building features two units and a large basement that are each leased making three units. 802 Columbia is currently rented as a 4 bedroom apartment but in the past was used for a salon and then as psychiatric offices. 109 N 8th st is an office space. Both share use of the handicap ramp on the back of the building for ada compliance. The basement space is rented as storage. All spaces are leased until May 31, 2024. The favorable zoning is ready for redevelopment and the lease timeline will keep the property cash flowing while plans are in the works. Within walking distance to all downtown attractions, the apartment has 4 bedrooms, a large kitchen, 1.5 baths. The entry and living room are gorgeous with stunning original wood and glass features. Features include hardwood floors, French doors, fireplace, built-in bookcases and beautiful antique ceiling fixtures. Tenant occupied. Proof of funds required for showings. Please allow 24 Hours notice for showings.

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