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1000 & 1002 E Atwater Avenue

Bloomington, IN 47401
  • $2,808,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 202441429
UPDATED: 220 min ago
$2,808,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,123
    SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.

Description

Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leased investment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August 2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. This exceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.

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© 2025 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 Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-16T00:28:26.393.

www.movingwithteammelton.com/homes/157160596
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1000 & 1002 E Atwater Avenue Bloomington, IN 47401

  • Price: $2,808,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 220 min ago
  • MLS #: 202441429
0
Beds
0
Baths
0
½ Baths
0.2
Acres
8,123
SQFT
$346
$/SQFT
1920
Built
Neighborhood:
Southeast Bloomington City
County:
Monroe
Area:
Monroe
Property Description
Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leased investment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August 2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. This exceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.
Exterior Features

Construction Type1 Stick Built Exterior Vinyl Fire Doors YN No Lot Dimensions irregular Parking GravelOff-Street Parking Type Gravel Lot Parking YN Yes Road Access City Roof Material Shingle Security Light YN No Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Full BasementPartially Finished Basement YN Yes Bldg1 Above Grd Sq Ft 8123 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 9 Column Spacing 0 Cooling Central Air Flooring Mixed Heating Fuel Forced Air Interior Height 9 Interior Walls Drywall Internal Rooms KitchenOther Special Features 220 VoltsBasement Total Restrooms 10

Property Features

Annual Taxes 27949 Assessed Value 530300 Auction YN No Buildings 2 Burglar Alarm YN No Currently Leased YN Yes Documents Available LeaseRent Roll Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 20475 Ingress Egress Combo Lease Term Remaining 21 Months New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type House Property Use Investment Property Reo YN No Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Perry Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2024

Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.

© 2025 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 Team Melton | ERA First Advantage Realty.


© 2025 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 Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-16T00:28:26.393.

 
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Team Melton | ERA First Advantage Realty
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Listing provided by Jeff Brawley of Brawley Real Estate: Office: 812-336-6888.