1201 W Allen St, Bloomington, IN 47403

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

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

List Price
$3,995,000
Status
PENDING
MLS#
202511570
Year Built
1985
Days On Market
Unknown
Bedrooms
40
Bathrooms
40
Living Area
23,310
Township
Perry

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

Acres
2.66
Taxes
$40,922
Water
City
Heating
Electric, Baseboard, Wall Unit(s)
Cooling
Window/Wall
Flooring
Vinyl
School District
Monroe County Community School Corp.
Elementary School
Templeton
Middle School
Jackson Creek
High School
Bloomington South
Agent Name
Audra Cannon

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


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