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1300 N Lincoln Street

Bloomington, IN 47408
  • $5,900,000
  • STATUS: Active
  • ON SITE: 243 Days
  • MLS #: 202403499
UPDATED: 47 min ago
$5,900,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,632
    SQFT
Neighborhood:
Type:
Commercial
Built:
2022
County:
Area:

School Ratings & Info

Listing provided by Jason Millican of Jason Millican Group: Cell: 317-372-9999.

Description

This apartment building hosts 16 units, 16 parking spaces, 24 bedrooms, 24 baths. Property located in highest density zoning for rentals in town. Gross income is $358,808 annually for 24/25 leases. Property built in 2022 and incudes all window coverings and appliances not belonging to tenants. Sale subject to tenants rights. Excellent location near IU sports stadium's, shopping and restaurants. Appraised for $6.5 Million 2022. Asking $5.9 million.

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© 2024 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: 2024-10-04T15:28:35.843.

www.movingwithteammelton.com/homes/147257290
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1300 N Lincoln Street Bloomington, IN 47408

  • Price: $5,900,000
  • Status: Active
  • On Site: 243 Days
  • Updated: 47 min ago
  • MLS #: 202403499
0
Beds
0
Baths
0
½ Baths
0.21
Acres
16,632
SQFT
$355
$/SQFT
2022
Built
Neighborhood:
None
County:
Monroe
Area:
Monroe
Property Description
This apartment building hosts 16 units, 16 parking spaces, 24 bedrooms, 24 baths. Property located in highest density zoning for rentals in town. Gross income is $358,808 annually for 24/25 leases. Property built in 2022 and incudes all window coverings and appliances not belonging to tenants. Sale subject to tenants rights. Excellent location near IU sports stadium's, shopping and restaurants. Appraised for $6.5 Million 2022. Asking $5.9 million.
Exterior Features

Construction Type1 stick built Driveway None Exterior BrickStone Fence None Fire Doors YN Yes Location City Lot Dimensions .210 Parcel Description Irregular Parking Off-StreetOther Parking YN No Road Access City Roof Material Rubber Sea Wall Type None Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 16632 Bldg1 Below Grd Sq Ft 1000 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 Column Spacing 12 Cooling Central Air Flooring CarpetConcreteVinyl TileOther Heating Fuel Forced Air Interior Height 10 Interior Walls Drywall Internal Rooms KitchenOther Special Features BasementCable Total Restrooms 24

Property Features

Annual Taxes 51200 Auction YN No Buildings 1 Burglar Alarm YN No Cable Company Comcast Currently Leased YN Yes Documents Available Floor PlanIncome/ExpensesZoningRent Roll Easements Other See Remarks Electric Company Duke Energy Indiana Enterprise Zone No Environ Reports Avail Other Reports Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Ingress Egress Asphalt Lease Term Remaining August 2024 New Construction Yes Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Other Property Sub Type Other/Unknown Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpMun. Sewer Hook-UpMun. Sewer to SiteMun. Water Hook-UpMun. Water Nearby Reo YN No Restrictions Utility Easements Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN Yes Tax Abatement No Township Bloomington Water Company Bloomington City Utility Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 23/24

Listing provided by Jason Millican of Jason Millican Group: Cell: 317-372-9999.

© 2024 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.


© 2024 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: 2024-10-04T15:28:35.843.

 
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Listing provided by Jason Millican of Jason Millican Group: Cell: 317-372-9999.