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Home For Sale

Picture of Home For Sale in Bloomington, Indiana, United States

$719,900

1702 S Olive St
Bloomington, Indiana, United States

12bd 8ba

Listed By: Realtyww Info

Listed On: 06/10/2023

Listing ID: GL10155076 View More Details

Description

Total monthly rent of $5810, with property manager expecting $5920 by end of summer. Minimal landlord expenses (insurance $2280/year, mowing $600/year, no landlord utilities). Hard to find investment opportunity less than 2 miles from Indiana University campus. Four units, two buildings. Well maintained. Roofs and gutters were replaced in 2018. Three units are currently leased through summer of 2024. One unit is turning over in July 2023 and actively being leased for $1400/month. 1702 and 1704 were recently updated with new interior finishes including some granite, hardwood and stainless steel. Several new AC units. Crawlspace work completed in both buildings. All units have the same layout with some minor variations in the location of the laundry. All appliances and washers/dryers stay with the units. All utilities are separately metered and paid by the tenants. Ample parking between the two buildings and a large common area in the back are shared by all tenants. HAND permits are in place.

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Listed by: Deb Tomaro Real Estate
Source: The World Property Journal

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