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$2,808,000

Est. payment - /mo

8,712 Sqft Lot

Price Dropped by $169K

1000 & 1002 E Atwater Avenue Bloomington, IN 47401-3782

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Timothy Vicsik

tim@timvicsik.com +1(574) 329-9587

UPDATED:

11/27/2024 04:53 PM

Key Details

Property Type Commercial

Sub Type House

Listing Status Active

Purchase Type For Sale

Subdivision Southeast Bloomington City

MLS Listing ID 202441429

Year Built 1920

Annual Tax Amount $27,949

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leased investment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August 2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. This exceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.

Location

State IN

County Monroe County

Area Monroe County

Direction On Atwater between S Faculty Ave and S Hawthorne Dr.

Interior

Flooring Mixed

Appliance Building

Exterior

Roof Type Shingle

Building

Story 2

New Construction No

IDX information provided by the Indiana Regional MLS

Listed by Jeff Brawley • Brawley Real Estate • Office: 812-336-6888

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Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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1000 & 1002 E Atwater Avenue Bloomington, IN 47401-3782

Timothy Vicsik

Key Details

Location

Interior

Exterior

Building

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1000 & 1002 E Atwater Avenue