314 N Washington Street Bloomington, IN 47408
Other
MLS #: 202626116
Courtesy Of FC Tucker/Bloomington REALTORS
Property InformationDescription
Excellent opportunity to purchase a 6 unit building in the heart of Bloomington's downtown and IU campus. The Gables was originally built as 6 individual condominium units but has been rented to date as student apartment rentals. With the high demand for downtown condo living, this is an investor's dream. All 6 units are rented for the 26-27 school year, so buyer can take the next 12 months to plan renovations for high-end condominiums sales while earning income. Each 2-story townhouse has generously sized rooms, with a dedicated bath for each bedroom, an additional half bath on the main floor for guests, loads of storage, and 3 parking spots in the garage. With high end finishes, comparable (but hard to find) condominium units are running in the $600/SF price range in downtown Bloomington. Please allow 48 hours for all showing requests to allow for tenant notice.
Features
- Age: 21-30 Years Old
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Carpet
- Legal Description: 013-25560-00 ORIGINAL PLAT LOT 331
- MLSID: 202626116
- Roof Type: Shingle
MAP & DIRECTIONS
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