5585-5597 W State Road 46

    Bloomington, IN 47404
    • $290,000
    • STATUS: Sold
    • ON SITE: 138 days
    • MLS #: 201822898
    Sold - 09/21/2018
    $290,000
    SOLD - 09/21/2018
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,308
      SQFT
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Mixed use commercial/residential investment property. Located on State Road 46W near Ellettsville. This property consists of 2 retail locations, 1 small office, 1 workshop, and 3 residential apartments. All units are leased bringing in $40,980/year with a Net Operating Income of $31,435 (CAP rate of 9.85%). Two of the current tenants have been there for 15years! Recent repairs/updates include: new siding, soffit, window wraps, concrete parking and steps, roof, gutters, skylights, paint, doors, plumbing, ceiling fans, carpets... all totaling $41,678 in the last 7 years.

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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/84093779

    5585-5597 W State Road 46 Bloomington, IN 47404

    • Price: $319,000
    • Status: Sold
    • Updated: 227 min ago
    • MLS #: 201822898
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    4,308
    SQFT
    $67
    $/SQFT
    1950
    Built
    County:
    Monroe
    Area:
    Monroe
    Property Description
    Mixed use commercial/residential investment property. Located on State Road 46W near Ellettsville. This property consists of 2 retail locations, 1 small office, 1 workshop, and 3 residential apartments. All units are leased bringing in $40,980/year with a Net Operating Income of $31,435 (CAP rate of 9.85%). Two of the current tenants have been there for 15years! Recent repairs/updates include: new siding, soffit, window wraps, concrete parking and steps, roof, gutters, skylights, paint, doors, plumbing, ceiling fans, carpets... all totaling $41,678 in the last 7 years.
    Exterior Features

    Construction Type1 Various Exterior StoneVinylWood Fire Doors YN Yes Lot Dimensions irregular Parking Off-StreetPrivate Parking Type Off Street in Front And Rear Parking YN Yes Road Access Interstate Roof Material AsphaltShingle Security Light YN Yes Sign Type Street Sign Pole Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation CrawlFull BasementWalk-Out Basement Basement YN Yes Bldg1 Above Grd Sq Ft 4308 Bldg1 Below Grd Sq Ft 720 Bldg1 Fin Office Sq Ft 1008 Ceiling Height 8 Column Spacing ? Cooling Central Air Flooring CarpetWood Heating Fuel GasForced Air Interior Height 8 Interior Walls Drywall Internal Rooms KitchenOfficeStorageWorkroomOther Special Features 110 Volts220 VoltsSingle PhaseThree PhaseLiving SpaceRefrigeration/Freezer Total Restrooms 5

    Property Features

    Annual Taxes 3345.92 Auction YN No Buildings 3 Burglar Alarm YN No Currently Leased YN Yes Documents Available Income/ExpensesLeaseRent Roll Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection Township For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining Varies Per Tenant New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Property Use Investment Property Proposed Financing Cash Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Richland Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2017/2018 Zoning Mxd Mixed Use

    Listing courtesy of Bob Double of Valu-Net 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.


    © 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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