110 S 16th Street, Lafayette, IN 47905
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by: jessica collacoAgt: 818-648-7130
Office: keller williams lafayette
MLS#:202540185
Source:Indiana Regional MLS
Price summary
- Price:$349,900
- Price per sq. ft.:$257.28
About this home
MOTIVATED SELLER! Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue.Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.
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Home facts
- Year built:1910
- Listing ID #:202540185
- Added:42 day(s) ago
- Updated:November 15, 2025 at 06:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,360 sq. ft.
Heating and cooling
- Cooling:Wall AC
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1910
- Building area:1,360 sq. ft.
- Lot area:0.01 Acres
Schools
- High school:Jefferson
- Middle school:Sunnyside/Tecumseh
- Elementary school:Thomas Miller
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$349,900
- Price per sq. ft.:$257.28
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