382 Teal Rd W/State Rd 25, Lafayette, IN 47901 US Lafayette Home for Sale

382 Teal Rd W/State Rd 25, Lafayette, Indiana

36 Units at Abby Marie/Spring Garden Apartments & 4BR House Included on 2 Acres

Property Details

Active

$1,500,000

Listing Information

  • MLS: 201754769
  • Bedrooms: 20
  • Baths: 37
  • Partial Baths: 0
  • SQ FT: 89646
  • Lot Size: 2.058
  • Style: Commercial Apartments
  • Garage: Carports
  • Heat Source: Electric
  • Schools: TSC-Wea Elementary & Middle School, McCutcheon High School
  • Taxes: $26,178

Property Description

Convenient to 231/Purdue, shopping, schools & more! This investment opportunity includes an apartment complex with 36 units that are 88% occupied, and a 4 bedroom, 2800 sf house. 16 units are 1 bedroom, 20 units are 2 bedrooms. (4 units are vacant) Entire complex is convenient to new 231 and old 231 on 2.05 acres. Apartments are all electric and each have a window AC unit. Lots of parking available including some car ports. TSC/Wea Elementary & Middle School, McCutcheon HS.

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Contact Information

Photo of Cathy Russell Real Estate
Cathy Russell
The Russell Company
2522 Covington St.
West Lafayette IN 47906
(765) 426-7000
(765) 335-5588
Fax: (765) 497-1003