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110 S 16th St
Sold

110 S 16th St

110 South 16th Street, Lafayette, IN 47905

$245,000
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.

3
beds

2
baths

1,360 Sq.Ft. LIVING AREA

0.015 Acres lot

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathrooms2
  • KITCHEN Eat-in Kitchen, Refrigerator, Range
  • Laundry room Washer Hookup
  • Flooring Carpet
  • APPLIANCES Dryer, Range, Refrigerator, Washer
  • other interior Features Eat-in Kitchen

Area & Lot

  • Status Sold
  • Date Sold January 14, 2026
  • Living Area1,360 Sq.Ft.
  • Lot Area0.015 Acres
  • MLS® ID202540185
  • TypeMulti-Family
  • YEAR BUILT1910
  • NeighborhoodLafayette
  • Architecture StylesTraditional
  • Elementary SchoolThomas Miller
  • Middle SchoolSunnyside/Tecumseh
  • High SchoolJefferson
  • School DistrictLafayette

Exterior

  • STORIES1
  • water SourcePublic Water
  • roofShingle, Rubber
  • lot featuresCorner Lot
  • HEAT TYPEGas Heat, Forced Air
  • AIR CONDITIONINGWall Unit(s)
  • sewerPublic Sewer
  • other exterior FeaturesVinyl Siding

Financial

  • Sales Price$245,000

Work with Rebecca

The right agent does more than facilitate a transaction. I anticipate, advocate, and deliver at every stage of the process. That is the standard I hold myself to, and it is the experience every client who works with me can expect.

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