1201 W Allen Street,  Bloomington  (47403)

$4,300,000

40 bedrooms 40   0 bathrooms 0   23310 square feet 23,310
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Listed By: Audra Cannon of CRM Properties, Inc (Cell: 765-431-9111)

PROPERTY DETAILS

Address: view address
Bloomington, IN 47403
Map Location
Features: Multi-level, Pets
Bedrooms:40Square Feet:23,310 sq.ft.
Year Built:1985Styles:Other
Property Type:Multi FamilyNeighborhood:Southwest Bloomington City
School District:Monroe County Community School CCounty:Monroe
Listing Number:202332690Listing Office:Cell: 765-431-9111
Virtual Tour:Click Here

PROPERTY DESCRIPTION

Welcome to Hilltop Village, a charming 40-unit apartment complex nestled on 2.66 acres in an attractive location! This exceptional property comprises nine separate ranch-style buildings, providing 39 one-bedroom units that have been meticulously remodeled to offer modern comforts and style within the past two years. The remaining unit has two separate entrances and serves as an office on one side, while the other side has been transformed into a common area laundry facility for the tenant's convenience. The office has the potential to be easily converted into an efficiency unit, further expanding the income-generating possibilities for the new owner. See the attached flyer for all renovation and update details! In an area with high rental demand, this complex offers a serene and convenient housing option that has proven itself when it comes to attracting renters. This property is primed for a future of 100% occupancy and consistent rental income. Room to increase rents. Space to add more units. Value add opportunity. Investors seeking a secure and profitable addition to their portfolio need look no further than Hilltop Village!

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Interior

Features

Flooring:Vinyl

Cooling & Heating

Heating features:ElectricHeating:Yes

Exterior

Exterior and Lot

Construction Materials:StoneStyle:Other

Property and Lot Details

Other

Sewer:Public Sewer

Schools

Elementary School:TempletonMiddle or Junior School:Jackson Creek
High School:Bloomington South

Fee

Annual Tax:32730.3

Building Information

Year Built:1985Stories:1

Construction

Building Area total:23310.0

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Audra Cannon of CRM Properties, Inc (Cell: 765-431-9111)