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Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,896 sqft
Subdivision Barclay Gardens
MLS Listing ID 202319498
Sold Date 08/18/23
Style Townhouse
Bedrooms 12
Full Baths 4
Half Baths 4
Abv Grd Liv Area 4,896
Total Fin. Sqft 4896
Year Built 1991
Annual Tax Amount $2,280
Tax Year 2023
Lot Size 0.690 Acres
Property Description
Total monthly rent of $6020 (August 2023). All units are leased through summer 2024. 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. 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.
Location
State IN
Area Monroe County
Direction Hillside to Olive
Rooms
Family Room 1290 x 1350
Dining Room 0 x 1220
Kitchen , 1450
Interior
Flooring Part Carpet, Wood
Fireplaces Number 5
Appliance Building, Land
Laundry , 8
Exterior
Amenities Available Breakfast Bar, Deck Open, Porch Covered
Waterfront No
Total Parking Spaces 8
Building
Lot Description Level
Story 2
Structure Type Brick,Vinyl
New Construction No
Schools
Elementary Schools Templeton
Middle Schools Jackson Creek
High Schools Bloomington South
School District Monroe County Community School Corp.
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IDX information provided by the Indiana Regional MLS
Bought with Rebekah Sims • Century 21 Scheetz - Bloomington