| 331 S. Grant Bloomington, IN 47401 |
$659,900 |
| Listed by RE/MAX Acclaimed Properties |
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MLS # 202618079
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Investment Sixplex
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| Lot Information |
| Acres: |
0.2233 |
| Dimensions: |
Irregular |
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| County: |
Monroe |
| Township: |
Perry |
| Grid: |
Southeast Bloomington City |
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| Utilities |
| Utility |
Type |
| Sewage |
--- |
| Gas |
--- |
| Water Co |
--- |
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| Utility |
Type |
| Cable |
--- |
| Electric |
--- |
| Amps |
--- |
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| SqFt |
Fin |
Unfin |
Total |
| Upper |
0 | 0 | 0 |
| Main |
3326 | 1 | 3327 |
| Total |
3326 | 1 | 3327 |
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| Basement 1 |
0 | 635 | 635 |
| Basement 2 |
0 | 0 | 0 |
| Total |
0 | 635 | 635 |
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| Total |
3326 | 636 | 3962 |
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| Total Rooms: | 0 |
Yr. Built: | 1920 |
Style: | --- |
| Bedrooms: | 4
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Foundation: | ---
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| Study Rooms | 0
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Fireplaces: | --- |
| Full Baths: | 6
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Exterior: | ---
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| HalfBaths | 0
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AC: | --- |
| Heating: | ---
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Water Heater: | --
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Street type: | ---
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| HOA Fee: | 0
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HOA Term: | ---
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| HOA Note: | --- |
| Garage: | --- |
Cap: | 1-car |
Sq.Ft.: | --- |
| Garage Note: | |
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School
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NOTE: Due to school redistricting, schools identified with this listing may be subject to change. Please confirm school district with the school corporation.
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| Elementary: Rogers/Binford |
Middle: Jackson Creek |
High: Bloomington South |
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Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington’s thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you’re looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington’s most desirable locations. Property is being sold "AS IS".
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From East 3rd Street downtown, South on Grant, property is on the East side of Grant.
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