2607 N Walnut Street

    Bloomington, IN 47404
    • $895,000
    • STATUS: Cont-AccptngBackupOffers
    • ON SITE: 200 days
    • MLS #: 201803116
    Under Contract
    $895,000
    • 24
      BEDS
    • 1.63
      ACRES
    • 24
      BATHS
    • 0
      1/2 BATHS
    • 15,000
      SQFT
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    16 unit apartment building close to IU Stadium! This property features 8 one bedroom units, and 8 two bedroom units. One bedrooms have 1 bath and the 2 bedrooms have 2 full bathrooms. Great rental history, and fresh carpet and paint in several units. Lots of potential here for any investor! Low rents have excellent potential for increase! CA (Commercial Arterial) zoning allows for various uses of the property in the event any potential buyer would like to promote the property for a different use, such as a hotel in the future. Call today to schedule a showing!

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    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.

    www.parkerteamhomes.com/homes/80305556

    2607 N Walnut Street Bloomington, IN 47404

    • Price: $895,000
    • Status: Cont-AccptngBackupOffers
    • MLS #: 201803116
    24
    Beds
    24
    Baths
    0
    ½ Baths
    1.63
    Acres
    15,000
    SQFT
    $60
    $/SQFT
    1980
    Built
    County:
    Monroe
    Area:
    Monroe
    Elementary School:
    Arlington Heights
    Middle School:
    Tri-North
    High School:
    Bloomington North
    School District:
    Monroe County Community School C
    Property Description
    16 unit apartment building close to IU Stadium! This property features 8 one bedroom units, and 8 two bedroom units. One bedrooms have 1 bath and the 2 bedrooms have 2 full bathrooms. Great rental history, and fresh carpet and paint in several units. Lots of potential here for any investor! Low rents have excellent potential for increase! CA (Commercial Arterial) zoning allows for various uses of the property in the event any potential buyer would like to promote the property for a different use, such as a hotel in the future. Call today to schedule a showing!
    Exterior Features

    Exterior Stucco Lot Description Other Lot Dimensions 240'X456'x153x415 Outbuilding None Parking Spaces 46 Pool YN No Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 24 Above Grade Finished Sqft 15000 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingCable Available Basement Foundation Slab Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 16 Disposals 16 Dryers 0 Flooring Carpet Heating Fuel Gas Main Level Sq Ft 6926 Microwaves 0 Ranges Ovens 16 Refrigerators 16 Rooms Below Grade 0 Total Baths 24 Total Below Grade Sqft 0 Total Sq Ft 15000 Upper Level Sq Ft 6528 Wash Dry Hookups 16 Washers 0

    Property Features

    Annual Electric Expense 480 Annual Fuel Expense 2400 Annual Gross Rent 117120 Annual Insurance Expense 4885 Annual Maint Expense 2400 Annual Misc 0 Annual Net Income 87460.88 Annual Property Tax 9594.12 Annual Trash Expense 1500 Annual Water Sewer Exp 8400 Assoc Dues Frequency Not Applicable Buildings 1 Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 9760 Gross Monthly Rent 9760 Lease Term 1 Year New Construction No One Bedrooms 8 Owner Pays SewerWater Owner Real Estate License YN Yes Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes Building Sewer City Tenant Pays Electric Three Bedrooms 0 Township Bloomington Two Bedrooms 8 Units Rented 12 Water Utility City Year Taxes Payable 2016 Zoning Description Commercial Arterial

    Listing courtesy of Kirsten Lee of T. Jones Real Estate Inc.
    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.

     
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