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$ 2,808,000
Est. payment /mo
Price Dropped by $169K
1000 & 1002 E Atwater Avenue Bloomington, IN 47401-3782
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type House
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Bloomington City
MLS Listing ID 202441429
Year Built 1920
Annual Tax Amount $27,949
Tax Year 2024
Lot Size 8,712 Sqft
Property Sub-Type House
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.
Location
State IN
County Monroe County
Area Monroe County
Direction On Atwater between S Faculty Ave and S Hawthorne Dr.
Interior
Flooring Mixed
Appliance Building
Exterior
Roof Type Shingle
Building
Story 2
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202441429
IDX information provided by the Indiana Regional MLS
Listed by Jeff Brawley • Brawley Real Estate • Office: 812-336-6888