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1116 N Walnut Street

Bloomington, IN 47404
  • $915,000
  • STATUS: Sold
  • ON SITE: 89 Days
  • MLS #: 202130913
Sold - 10/21/2021
$915,000
SOLD - 10/21/2021
  • 7
    BEDS
  • 0.2
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 7,032
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
2011
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Multi-Family student rental investment for sale. Apartments are 100% leased through August 2022 and located between the IU Football Stadium and Downtown Bloomington. Unit mix includes four 1-bedroom apartments and one 3-bedroom apartment. 2,100 sq ft office space on main and 2nd floor that can be converted into apartments. Property was recently re-zoned MS (Mixed-Use Student Housing) which allows residential living on the ground floor. 12 private parking spots including 2 indoor garage spaces, 6 carport spaces and 4 uncovered spaces.

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-28T07:29:25.93.

www.hillteamllc.com/homes/119888282
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1116 N Walnut Street Bloomington, IN 47404

  • Price: $925,000
  • Status: Sold
  • Updated: 14 min ago
  • MLS #: 202130913
7
Beds
5
Baths
1
½ Baths
0.2
Acres
7,032
SQFT
$130
$/SQFT
2011
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Elementary School:
University
Middle School:
Tri-North
High School:
Bloomington North
School District:
Monroe County Community School C
Property Description
Multi-Family student rental investment for sale. Apartments are 100% leased through August 2022 and located between the IU Football Stadium and Downtown Bloomington. Unit mix includes four 1-bedroom apartments and one 3-bedroom apartment. 2,100 sq ft office space on main and 2nd floor that can be converted into apartments. Property was recently re-zoned MS (Mixed-Use Student Housing) which allows residential living on the ground floor. 12 private parking spots including 2 indoor garage spaces, 6 carport spaces and 4 uncovered spaces.
Exterior Features

Exterior BrickMetal Lot Description Slope Lot Dimensions 0 Outbuilding None Parking Spaces 8 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 7 Above Grade Finished Sqft 7032 Above Grade Unfin Sq Ft 0 Amenities Other-See Remarks Basement Foundation Slab Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 5 Disposals 5 Dryers 5 Flooring Laminate Heating Fuel Forced Air Microwaves 5 Ranges Ovens 5 Refrigerators 5 Rooms Below Grade 7 Total Baths 6 Total Below Grade Sqft 0 Total Sq Ft 7032 Wash Dry Hookups 5 Washers 5

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 60660 Annual Insurance Expense 2400 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 41601.52 Annual Property Tax 14378.48 Annual Trash Expense 0 Annual Water Sewer Exp 2280 Assoc Dues Frequency Not Applicable Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 5055 Gross Monthly Rent 5055 Lease Term 1 Year New Construction No One Bedrooms 4 Owner Pays Water Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays Electric Three Bedrooms 1 Township Bloomington Two Bedrooms 0 Units Rented 5 Water Utility City Year Taxes Payable 2021

Listing courtesy of Craig Dohman of Century 21 Scheetz - Bloomington.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty.


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-28T07:29:25.93.

 
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