Great investment opportunity located in the heart of West Lafayette! Fully rented at $1660/month (lease ending July 2020) with great tenants paying all utilities. Close proximity to Purdue campus and Chauncey Hill will keep this property cash flowing for years to come. Could be maintained as a rental property or primary residence. Original hardwood floors and woodwork throughout. Large backyard, detached garage, private parking and on-street parking. Inspection Report (performed on 8/21/2019) available to all interested/qualified buyers. Property being sold As-Is. Base all offers on the provided inspection report. Buyers must show prequalification letter or proof of funds prior to showing.
Off market
Zestimate®
$361,900
206 E Lutz Ave, West Lafayette, IN 47906
4beds
2,352sqft
Other
Built in 1920
-- sqft lot
$361,900 Zestimate®
$154/sqft
$1,777 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Washer Hookup, In Basement
Features
- Ceiling Fan(s), Laminate Counters, Bar, Basement
- Flooring: Tile, Hardwood, Laminate
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Structure area source: Assessor
- Total interior livable area: 2,352 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Garage - Detached
Features
- Patio & porch: Patio Open, Porch Covered
- Exterior features: Brick
- Fencing: Fenced Yard, Wood
Lot
- Size: 5,880 sqft
- Topography: Level
Details
- Parcel number: 790720105013000026
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story, Foursquare
- Property subtype: Other
Materials
- masonry
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: West Lafayette
Other
Other facts
- Flooring: Wood, Tile, Laminate
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas
- Topography: Level
- InteriorFeatures: Ceiling Fan(s), Laminate Counters, Bar, Basement
- Roof: Shingle
- ArchitecturalStyle: Two Story, Foursquare
- HeatingYN: true
- CoolingYN: true
- RoomsTotal: 8
- NumberOfUnitsTotal: 1
- TenantPays: Cable TV, Electricity, Sewer, Water, Trash Collection, Grounds Care, Heating, Cooling, Fuel, Deposit Value
- LeaseTerm: 12 Months
- ConstructionMaterials: Aluminum Siding, Brick
- CurrentFinancing: Conventional, Cash
- OwnerPays: Insurance, Maintenance
- NumberOfBuildings: 1
- MainLevelBathrooms: 4
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Detached, Off Street, Garage, On Street, Paved, Concrete
- TrashExpense: 0
- NumberOfUnitsLeased: 1
- MaintenanceExpense: 1000
- PropertySubType: Other
- LivingAreaSource: Assessor
- BelowGradeFinishedAreaSource: Assessor
- BuildingAreaSource: Assessor
- Cooling: Central Air
- LotSizeSource: Assessor
- OpenParkingYN: true
- Fencing: Fenced Yard, Wood
- LaundryFeatures: Washer Hookup, In Basement
- SecurityFeatures: Smoke Detector(s)
- Appliances: Gas Water Heater
- BelowGradeFinishedArea: 0
- ElectricExpense: 0
- FuelExpense: 0
- FoundationDetails: Poured Concrete
- Gas: Gas
- NumberOfSeparateElectricMeters: 1
- NumberOfSeparateGasMeters: 1
- CommunityFeatures: City/Town/Suburb
- WaterSource: City
- PatioAndPorchFeatures: Patio Open, Porch Covered
- NumberOfSeparateWaterMeters: 1
- GrossIncome: 1660
- AboveGradeFinishedAreaSource: Assessor
- MlsStatus: Active
- InsuranceExpense: 2891.53
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$361,900
2% more+$7,238
With Zillow Showcase(estimated)$369,138