www.myindianahomes.com/homes/128555438
1450
N
Willis Drive
Bloomington,
IN
47404
Neighborhood:
Northeast Bloomington City
Elementary School:
Arlington Heights
High School:
Bloomington North
School District:
Monroe County Community School C
Great potential and location within 1 mile west of IU Football Stadium and Assembly Hall. Rents are low and being raised to $1750/unit with room to go higher. This six unit apartment complex hosts 24 bedrooms with 24 full baths and 6 half baths. Units are 1450 sq. ft/each. Each unit hosts 4 bedrooms with 4 1/2 baths. EACH BEDROOM HAS A FULL BATHROOM, the upstairs half bath has a full sized washer and dryer. These units have been converted into condominiums. Unit #3 is currently listed for sale at $245,900. It has been completely remodeled Everything is new. Unit #5 is under current remodel. Will be landscaping soon (part of the reno). Large parking lot, 24 parking spots.
Exterior
BrickVinyl
Location
City/Town/SuburbNear College CampusNear Walking Trail
Lot Description
0-2.9999
Lot Dimensions
1.13
Outbuilding
None
Parking
LotPavedPrivate
Parking Spaces
24
Pool YN
No
Road Surface
Paved
Roof Material
Asphalt
Style
Townhouse
Waterfront YN
No
Above Grade Bedrooms
6
Above Grade Finished Sqft
4932
Above Grade Unfin Sq Ft
0
Amenities
BasementCeiling FanBalconyCable ReadyDeck OpenEat-In Kitchen
Basement Foundation
Full Basement
Basement YN
No
Below Grade Baths
24
Below Grade Bedrooms
18
Below Grade Finished Sqft
4752
Below Grade Unfin Sq Ft
0
Cooling
Central Air
Dishwashers
6
Disposals
6
Dryers
6
Flooring
Vinyl
Heating Fuel
Forced Air
Microwaves
6
Ranges Ovens
6
Refrigerators
6
Rooms Below Grade
18
Total Baths
30
Total Below Grade Sqft
4752
Total Sq Ft
9684
Unit1 Basement YN
Yes
Unit1 Bathrooms
4.5
Unit1 Bedrooms
4
Unit1 Sq Ft
1450
Unit2 Basement YN
Yes
Unit2 Bathrooms
4.5
Unit2 Bedrooms
4
Unit2 Sq Ft
1450
Unit3 Basement YN
Yes
Unit3 Bathrooms
4.5
Unit3 Bedrooms
4
Unit4 Basement YN
Yes
Unit4 Bedrooms
4
Unit4 Sq Ft
1450
Unit5 Bedrooms
4
Unit5 Sq Ft
1450
Unit6 Basement YN
Yes
Unit6 Bathrooms
4.5
Unit6 Bedrooms
4
Unit6 Sq Ft
1450
Wash Dry Hookups
6
Washers
6
Annual Electric Expense
1807
Annual Fuel Expense
0
Annual Gross Rent
83580
Annual Insurance Expense
2954
Annual Maint Expense
5927
Annual Misc
0
Annual Net Income
44556
Annual Property Tax
16133
Annual Trash Expense
3456
Annual Water Sewer Exp
8747
Assoc Dues Frequency
Not Applicable
Auction Y / N
No
Buildings
1
Efficiencies
0
Exemptions
No Exemptions
For Sale Or Rent
For Sale
Four Bedrooms
6
Gas Meters
6
Gross Monthly Income
6965
Gross Monthly Rent
6965
Lease Term
1 Year
New Construction
No
One Bedrooms
0
Owner Pays
Lawn MaintenanceTaxTrash CollectionWater
Owner Real Estate License YN
No
Pet Restrictions YN
No
Planned Unit Dev YN
No
Property Sub Type
Sixplex
Proposed Financing
CashConventional
Reo YN
No
Sale Includes
Building
Sewer
City
Tenant Pays
CableElectricHeating
Three Bedrooms
0
Township
Bloomington
Two Bedrooms
0
Unit1 Unit Rent
1395
Unit1- Currently Rntd Y / N
Yes
Unit2 Unit Rent
1395
Unit2- Currently Rntd Y / N
Yes
Unit3 Unit Rent
0
Unit3- Currently Rntd Y / N
No
Unit4 Unit Rent
1395
Unit4- Currently Rntd Y / N
Yes
Unit5 Unit Rent
1395
Unit5- Currently Rntd Y / N
Yes
Unit6 Unit Rent
1385
Unit6- Currently Rntd Y / N
Yes
Units Rented
5
Water Utility
City
Year Taxes Payable
2021 Pay 2022
Listing provided by Autumn Mccoy of Sycamore Realty And Investments: autumn.mccoy@homefinder.org.
© 2023 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 McAfee Home Group | Century 21 Realty, Inc..
© 2023 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 McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2023-03-27T14:28:49.45.
