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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime location near Purdue University
- 10 bedrooms / 7 bathrooms /3 full kitchens
- Fully leased with upside—under market rent
- Approved occupancy for 13 unrelated individuals
- Central air conditioning, on-site washer and dryer
- Excellent candidate for value-add improvements and increased cash flow
RÉSUMÉ ANALYTIQUE
Rare opportunity just blocks from Purdue University to acquire a high-occupancy student rental with an approved allowance of 13 unrelated occupants. 401 North Salisbury Street offers a scale and location that are extremely hard to find in today’s market—perfect for both seasoned and first-time student housing investors.
This 10-bedroom property is currently configured with 3 full kitchens, 7 bathrooms, central air conditioning, and 1 washer and dryer, providing ample space and functionality for large groups. The property is fully leased and operating below market rents, creating a clear value-add investment opportunity through strategic rent increases, cosmetic upgrades, or amenity enhancements.
Located in the heart of Purdue’s campus community, 401 North Salisbury Street sits just three blocks from Purdue University, at the corner of Salisbury and Fowler. This means most students can walk to core academic buildings, lecture halls, libraries, and labs in just a few minutes, making it an ideal home base for busy class schedules and group projects.
The property is surrounded by a classic near-campus neighborhood—a mix of student houses, small apartment buildings, and campus ministries—giving it a true college-town feel. Residents are within easy reach of Chauncey Village, dining, coffee shops, and everyday conveniences, as well as nearby bus stops that connect to the rest of West Lafayette. It’s a location that consistently appeals to Purdue students: close enough to walk to class yet set within an established residential area that feels more like a neighborhood than a high-rise district.
*Note the tenants need 24hrs notice before showings
This 10-bedroom property is currently configured with 3 full kitchens, 7 bathrooms, central air conditioning, and 1 washer and dryer, providing ample space and functionality for large groups. The property is fully leased and operating below market rents, creating a clear value-add investment opportunity through strategic rent increases, cosmetic upgrades, or amenity enhancements.
Located in the heart of Purdue’s campus community, 401 North Salisbury Street sits just three blocks from Purdue University, at the corner of Salisbury and Fowler. This means most students can walk to core academic buildings, lecture halls, libraries, and labs in just a few minutes, making it an ideal home base for busy class schedules and group projects.
The property is surrounded by a classic near-campus neighborhood—a mix of student houses, small apartment buildings, and campus ministries—giving it a true college-town feel. Residents are within easy reach of Chauncey Village, dining, coffee shops, and everyday conveniences, as well as nearby bus stops that connect to the rest of West Lafayette. It’s a location that consistently appeals to Purdue students: close enough to walk to class yet set within an established residential area that feels more like a neighborhood than a high-rise district.
*Note the tenants need 24hrs notice before showings
INFORMATIONS SUR L’IMMEUBLE
| Prix | 766 773 € | Classe d’immeuble | C |
| Prix par lot | 76 677 € | Surface du lot | 0,06 ha |
| Type de vente | Investissement | Surface de l’immeuble | 497 m² |
| Nb de lots | 10 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction/rénovation | 1900/2005 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,1/1 000 m² |
| Style d’appartement | De faible hauteur | ||
| Zonage | Central & Wall | ||
| Prix | 766 773 € |
| Prix par lot | 76 677 € |
| Type de vente | Investissement |
| Nb de lots | 10 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,06 ha |
| Surface de l’immeuble | 497 m² |
| Nb d’étages | 3 |
| Année de construction/rénovation | 1900/2005 |
| Ratio de stationnement | 0,1/1 000 m² |
| Zonage | Central & Wall |
1 1
Walk Score®
Très praticable à pied (70)
Bike Score®
Très praticable en vélo (74)
TAXES FONCIÈRES
| Numéro de parcelle | 79-07-19-232-007.000-026 | Évaluation des aménagements | 172 609 € |
| Évaluation du terrain | 51 970 € | Évaluation totale | 224 579 € |
TAXES FONCIÈRES
Numéro de parcelle
79-07-19-232-007.000-026
Évaluation du terrain
51 970 €
Évaluation des aménagements
172 609 €
Évaluation totale
224 579 €
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401 N Salisbury St
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