302-304 Madison, Bloomington, IN 47403 - Myers Trust

302-304 Madison, Bloomington, IN 47403


MLS ID: #202242355
Price: $ 1,250,000
Sq Ft: 7,276
Finished Sq Ft: 7,276
Lot Size: 0.40 Acres
Year Built: 1875
Bedrooms: 16
Full Bathrooms: 15
Half Bathrooms:
Taxes: $ 7,873
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Great investment properties! Sale includes two unique, adjacent buildings in the heart of Bloomington. 302-304 S. Madison (53-05-32-423-007.000-005) consistes of nine one bedroom and studio units ranging from 400 to 850 square feet. 409-411 W. 3rd Street (53-01-32-393-000.000-005) consists of four 1 bedroom and one 3 bedroom unit. All units include private kitchens and bathrooms. Coin laundry located in the basement. Covered and locked bicycle area. Two private driveways for two units, and a third parking space for another. Street parking for everyone, but no meters or permits currently required. Room to create more parking spaces. All units leased until August 2023!!! Constantly and consistently made improvements.

MLS ID: 202242355


# of Units 14
Price Per Unit 89,285.710
Above Grade Finished SF 7,276
Combined Finished SF 7,276
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 7,276
Lot Dimensions 82x63 and 82x69
Approx Lot Size SqFt 17,424
Approx Lot Size Acres 0.40
Garage SF 0
Water Front No
Style Three Story
New Construction No
Elementary School Fairview
Middle School Tri-North
Senior Bloomington North
District Monroe County Community School C
# Bedrooms 16
# of Full Baths 15
# of Half Baths 0
Bedroom 5 14 x 14
Laundry Room 6 x
Other Room 1 4 x 9
Annual Gross Rent Income $116,860.00
Annual Sewer Expense $0.00
Annual Fuel Expense $5,699.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $0.00

Listing Office: Mentor Listing Realty, Inc.

Listing Agent: Brian Waters


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.