About 4511 Sr 25 N
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.
Features of 4511 Sr 25 N
| MLS® # | 202540436 |
|---|---|
| Price | $699,500 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 4,236 |
| Acres | 1.51 |
| Year Built | 1961 |
| Type | Multifamily |
| Sub-Type | Fiveplex |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 4511 Sr 25 N |
|---|---|
| Subdivision | None |
| City | Lafayette |
| County | Tippecanoe County |
| State | IN |
| Zip Code | 47905 |
Amenities
| Amenities | None |
|---|---|
| Features | Basement, Ceiling Fan, Off Street Parking, Storage, Foyer Entry, Porch Covered, Porch Open, Water Heater Gas, Garage-Heated |
| Parking Spaces | 12 |
| Parking | Garage, Off Street, Private |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Carpet, Ceramic Tile, Mixed, Vinyl |
|---|---|
| Heating | Electricity, Gas, Forced Air, Multiple Heating Systems |
| Cooling | Central Air, Wall AC, Multiple Cooling Units |
| # of Stories | 1 |
| Stories | One Story |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Aluminum |
|---|---|
| Lot Description | Corner, Level, 0-2.9999 |
| Roof | Composite, Shingle |
| Construction | No |
| Foundation | Block |
School Information
| District | Tippecanoe School Corp. |
|---|---|
| Elementary | Hershey |
| Middle | East Tippecanoe |
| High | William Henry Harrison |
Additional Information
| Days on Market | 7 |
|---|---|
| Zoning | A1 |
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Rebecca Johnson |
|---|---|
| Office | RE/MAX At The Crossing |
| Contact Info | Agt: 765-426-2083 |