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This apartment building hosts 16 units, 16 parking spaces, 24 bedrooms, 24 baths. Property located in highest density zoning for rentals in town. Gross income is $358,808 annually for 24/25 leases. Property built in 2022 and incudes all window coverings and appliances not belonging to tenants. Sale subject to tenants rights. Excellent location near IU sports stadium's, shopping and restaurants. Appraised for $6.5 Million 2022. Asking $5.9 million.

PROPERTY FEATURES

Internal Rooms : Kitchen,Other
Public Utilities : Electric Hook-Up,Mun. Sewer Hook-Up,Mun. Sewer to Site,Mun. Water Hook-Up,Mun. Water Nearby Water Company : Bloomington City Utility Sewer : City Cable Company : Comcast Gas Company : CenterPoint Energy Electric Company : Duke Energy Indiana
Fire Protection : City Security Light : Yes Fire Doors : Yes
Road Access : City
Location : City Exterior : Brick,Stone
Property Use : Investment Property Special Features : Basement,Cable
Heating/Fuel : Forced Air Cooling : Central Air
Construction Type 1 : stick built Roof Material : Rubber
Ceiling Height : 10 Interior Height : 10 Basement/Foundation : Full Basement Flooring : Carpet,Concrete,Vinyl Tile,Other Interior Walls : Drywall
Exemptions : No Exemptions Building 1 Story : 5 Building 1 Below Grd Area : 1000 S.F Documents Available: Floor Plan,Income/Expenses,Zoning,Rent Roll Number of Buildings : 1 Building 1 Above Grd Area : 16632 S.F

PROPERTY DETAILS

Street Address: 1300 N Lincoln Street
City: Bloomington
State: Indiana
Postal Code: 47408
MLS Number: 202403499
Year Built: 2022
Courtesy of Jason Millican Group

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