314 N Washington St, Bloomington, IN 47404
- $4,000,000
- 13
- BD
- 18
- BA
- 10,560
- SqFt
Listing courtesy of from FC Tucker/Bloomington REALTORS. kerry.feigenbaum@homefinder.org
- List Price
- $4,000,000
- Status
- ACTIVE
- MLS#
- 202626061
- Year Built
- 1997
- Days On Market
- Unknown
- Bedrooms
- 13
- Bathrooms
- 18
- Half-baths
- 6
- Living Area
- 10,560
- Township
- Bloomington
Property Description
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.
Additional Information
- Acres
- 0.20
- Taxes
- $21,024
- Lot Features
- Level
- Water
- City
- Heating
- Natural Gas, Heat Pump
- Cooling
- Central Air
- Flooring
- Carpet, Laminate
- School District
- Monroe County Community School Corp.
- Elementary School
- Fairview
- Middle School
- Tri-North
- High School
- Bloomington North
IDX information is provided by the Indiana Regional MLS and is exclusively for the 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
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