2607 Walnut, Bloomington, IN 47404

Overview

MLS ID: #201801637
Price: $ 895,000
Sq Ft: 15,000
Lot Size: 1.63 Acres
Year Built: 1980
Bedrooms: 24
Bathrooms: 24
Taxes: $ 4,885
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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!

MLS ID: 201801637

Details

# of Units 16
Price Per Unit 55,937.50
Above Grade Finished SF 15,000
Main Level SF 6,926
Upper Level SF 6,528
Combined Finished SF 15,000
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 15,000
Lot Dimensions 240'x456'x153x415
Approx Lot Size SqFt 71,003
Approx Lot Size Acres 1.630
Garage SF 8,400
Water Front No
Style Two Story
New Construction No
Elementary School Arlington Heights
Middle School Tri-North
Senior Bloomington North
District Monroe County Community School C
# Bedrooms 24
# of Full Baths 24
# of Half Baths 0
Living Room 8 x 0
Bedroom 5 16 x 16
Loft 16 x 0
Laundry Room 46 x
Annual Gross Rent Income $117,120.00
Annual Sewer Expense $8,400.00
Annual Fuel Expense $2,400.00
Annual Electric Expense $480.00
Annual Trash Expense $1,500.00
Annual Property Tax $9,594.12

Listing Office: T. Jones Real Estate Inc

Listing Agent: Kirsten Lee

Disclaimer:

Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.
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