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412 E 2nd Street

Bloomington, IN 47401
  • $445,000
  • STATUS: Sold
  • ON SITE: 40 Days
  • MLS #: 202220389
Sold - 06/30/2022
$445,000
SOLD - 06/30/2022
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,515
    SQFT
Neighborhood:
None
Type:
Multi-Family
Built:
1899
County:
Monroe
Area:
Monroe

School Information

Elementary School:
Rogers/Binford
Middle School:
Jackson Creek
High School:
Bloomington South
School District:
Monroe County Community School C
School Ratings & Info

Description

Location, location, location! This renovated 4 unit investment property located in the historic Vinegar Hill District adjacent to downtown Bloomington is only a few blocks from the Sample Gates, Law School , School of Optometry , and the Jacobs School of Music at Indiana University! This is a fantastic location for tenants to access both IU and downtown Bloomington. Currently leased year to year this property is also an excellent short term rental option if an owner wanted to increase revenue by using some or all of the units for AirBnb or VRBO. There are two 1bedroom units and two efficiency units. The units were remodeled w/AirBnb use in mind-they all can connect to another unit for great rental flexibility. Ample parking for residents and guests. Great location, revenue, and they are super easy to lease-what more could an investor want!

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© 2022 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 Aimee Ness Realty Group. Data last updated: 2022-07-06T12:28:39.66.

www.aimeeness.com/homes/129201668
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412 E 2nd Street Bloomington, IN 47401

  • Price: $449,900
  • Status: Sold
  • On Site: 40 Days
  • Updated: 59 min ago
  • MLS #: 202220389
4
Beds
4
Baths
0
½ Baths
0.16
Acres
1,515
SQFT
$294
$/SQFT
1899
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Elementary School:
Rogers/Binford
Middle School:
Jackson Creek
High School:
Bloomington South
School District:
Monroe County Community School C
Property Description
Location, location, location! This renovated 4 unit investment property located in the historic Vinegar Hill District adjacent to downtown Bloomington is only a few blocks from the Sample Gates, Law School , School of Optometry , and the Jacobs School of Music at Indiana University! This is a fantastic location for tenants to access both IU and downtown Bloomington. Currently leased year to year this property is also an excellent short term rental option if an owner wanted to increase revenue by using some or all of the units for AirBnb or VRBO. There are two 1bedroom units and two efficiency units. The units were remodeled w/AirBnb use in mind-they all can connect to another unit for great rental flexibility. Ample parking for residents and guests. Great location, revenue, and they are super easy to lease-what more could an investor want!
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 148X50 Outbuilding None Parking Spaces 4 Pool YN No Style Attached Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1515 Above Grade Unfin Sq Ft 0 Amenities Off Street Parking Basement Foundation CellarCrawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 2 Disposals 4 Dryers 2 Flooring Ceramic TileLaminate Heating Fuel Gas Microwaves 4 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 1515 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit4 Basement YN No Unit4 Bathrooms 1 Unit4 Bedrooms 1 Wash Dry Hookups 2 Washers 2

Property Features

Annual Electric Expense 1610 Annual Fuel Expense 540 Annual Gross Rent 34500 Annual Insurance Expense 1050 Annual Maint Expense 1740 Annual Misc 0 Annual Net Income 24966 Annual Property Tax 4104 Annual Trash Expense 0 Annual Water Sewer Exp 490 Assoc Dues Frequency Not Applicable Efficiencies 2 Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 2875 Gross Monthly Rent 2875 Lease Term Other New Construction No One Bedrooms 2 Owner Pays Building Insurance Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays Other Three Bedrooms 0 Township Perry Two Bedrooms 0 Unit1 Unit Rent 750 Unit2 Unit Rent 800 Unit3 Unit Rent 1000 Unit4 Unit Rent 1000 Units Rented 4 Water Utility City Year Taxes Payable 2022

Listing provided by Andy Walker of Re/Max Acclaimed Properties: 812-332-3001.
© 2022 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 Aimee Ness Realty Group.


© 2022 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 Aimee Ness Realty Group. Data last updated: 2022-07-06T12:28:39.66.

 
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