1300 N Lincoln Street Active

Bloomington,IN 47408

$ 5900000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Other/Unknown

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202403499

Year Built 2022

Annual Tax Amount $51,200

Lot Size 9,147 Sqft

Property Sub-Type Other/Unknown

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.

Location

State IN

County Monroe County

Area Monroe County

Interior

Flooring Carpet,Concrete,Vinyl Tile,Other

Exterior

Fence None

Roof Type Rubber

Building

Story 5

New Construction Yes

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