423 Fess, Bloomington, IN 47401

Overview

MLS ID: #202107504
Price: $ 1,300,000
Sq Ft: 7,362
Finished Sq Ft: 8,062
Lot Size: 0.19 Acres
Year Built: 1930
Bedrooms: 11
Full Bathrooms: 6
Half Bathrooms:
Taxes: $ 1,300
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HARD to FIND LOCATION only 2 BLOCKS to CAMPUS! This 9 unit apartment complex features 11 bedrooms and an occupancy permit for 15. New permit on file for 3 years in 2021. All UNITS FULLY OCCUPIED with a yearly gross rent of $93,600. Only 1 block South of Atwater on the corner of Fess and Hunter. This property includes parking for 11 vehicles. Excellent rental history!! New Roof December 2015. Continued yearly improvements. Projected gross yearly income for 2021-2022 of $100,500.

MLS ID: 202107504

Details

# of Units 9
Price Per Unit 144,444.440
Above Grade Finished SF 7,362
Above Grade Unfinished SF 1
Combined Finished SF 8,062
Below Grade Finished SF 700
Below Grade Unfinished SF 0
Total Below Grade SF 700
Below Grade Rooms 0
Total Sq Ft 8,062
Lot Dimensions irregular
Approx Lot Size SqFt 8,276
Approx Lot Size Acres 0.190
Garage SF 3,261
Garage # of Cars 1
# of Fireplaces 7
Water Front No
Style Two and Half Story
New Construction No
Elementary School Rogers/Binford
Middle School Jackson Creek
Senior Bloomington South
District Monroe County Community School C
# Bedrooms 11
# of Full Baths 6
# of Half Baths 0
# Above Grade Bedrooms 3
Kitchen 850 x 700
Family Room 775 x 2100
Bedroom 2 15 x 600
Bedroom 5 7 x 7
Loft 7 x 2
Extra Room 2 x 4
Laundry Room 11 x
Other Room 1 4 x 4
Other Room 2 3 x 7800
Other Room 3 1 x 0
Annual Gross Rent Income $93,600.00
Annual Sewer Expense $3,261.00
Annual Fuel Expense $6,539.00
Annual Electric Expense $8,671.00
Annual Trash Expense $1,240.00
Annual Property Tax $8,538.36

Listing Office: Millican Realty

Listing Agent: Kelly Jones

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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