1016 W Country Club Dr - Multi-Family FOR SALE


Bloomington, IN 47403
$625,000 USD
812-325-7685
1016 W Country Club Dr, Bloomington, IN for Sale
$625,000 USD
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

1016 W Country Club Dr
Bloomington, IN 47403


HIGHLIGHTS

  • Good rental history
  • 2 vacant lots included
  • Garages that could be rented sepretley for storage

OVERVIEW

1.69 acres with a total of 4 rental units and 4 separate deeds. Deed one is a 1 bedroom, 1 bath home located at 1016 Country Club leasedfor $895 per month until July 22, 2026. This home has an unfinished basement and sits on .42 acres. Deed two is a 1/2 acre vacant lot zoned R2.Deed 3 is a .33 acre vacant lot also zoned R2. Deed 4 is the balance of the property with .44 acres and 3 rental units. There is a 2 bedroom 1 bath at1022A Country Club with a car port which is leased for $950 per month until July 22, 2026. There is also a 2 bedroom 1 bath upstairs apartment leasedfor $1250 per month until July 24, 2026. This was recently remodeled with new paint and flooring and updated dishwasher. Below this apartment is alarge 4 car garage that is shared between this tenant and the tenant in the home. There is also a 4 bedroom 1 bath home with a long term tenant that ison a month to month lease. This unit is very under rented for $910.52 per month. In addition there is a small storage shed and a large 1 car garage/ shedwith loft area. Property being sold as-is. Would make a great investment property or could be demolished and something new built in its place.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

4

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

R2

APN/PARCEL ID

53-08-08-403-001.000-009

ASK ABOUT THIS PROPERTY

Brandy HoldemanRealty ProfessionalsMore Info
812-325-7685

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Brandy HoldemanRealty ProfessionalsMore Info
812-325-7685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.