18
See all 18 photos
$4,300,000
Est. payment /mo
2.66 Acres Lot
Active
1201 W Allen Street Bloomington, IN 47403
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UPDATED:
09/04/2024 08:22 PM
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202433943
Year Built 1985
Annual Tax Amount $33,313
Tax Year 2024
Lot Size 2.660 Acres
Property Description
Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units that have been meticulously remodeled to offer modern comforts and style within the past two years. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters.
Location
State IN
County Monroe County
Area Monroe County
Direction 1/10 mile West of the intersection of West Allen Street and South Patterson Drive, on the South side of the street.
Interior
Flooring Vinyl
Appliance Building, Land, Lease
Exterior
Roof Type Asphalt,Shingle,Dimensional Shingles
Building
Story 1
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Audra Cannon • CRM Properties, Inc • Cell: 765-431-9111
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