1201 W Allen St, Bloomington, IN 47403

$3,995,000
40
BD
40
BA
23,310
SqFt

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List Price
$3,995,000
MLS#
202511570
Sqft. of Residence
23,310
Status
PENDING

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, all remodeled within the past two years, offering modern comforts and style. 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. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.

Additional Information

Tenant Pays
Electricity
Basement
Slab
Stories
1
Acres
2.66
Cooling
Window/Wall
Water
City
Region
Monroe County
School District
Monroe County Community School Corp.

Listing courtesy of Audra Cannon from CRM Properties, Inc. Cell: 765-431-9111

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Calculator source: Real Geeks

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.