1201 W Allen ST, Bloomington, IN 47403
1201 W Allen ST, Bloomington, IN 47403
1201 W Allen ST, Bloomington, IN 47403
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941
Listed by CRM Properties, Inc
$3,995,000
Est. payment /mo
40 Beds
40 Baths
23,310 SqFt
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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment Complex

Listing Status Pending

Purchase Type For Sale

Square Footage 23,310 sqft

MLS Listing ID IRM202511570

Bedrooms 40

Full Baths 40

HOA Y/N No

Year Built 1985

Annual Tax Amount $40,922

Tax Year 2025

Lot Size 2.660 Acres

Acres 2.66

Lot Dimensions 460x260

Property Sub-Type Apartment Complex

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, all remodeled within the past two years, offering modern comforts and style. 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. 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. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.

Location

State IN

Rooms

Basement Slab

Interior

Heating Electric, Baseboard, Wall Heater

Inclusions Building, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 40

Building

Lot Description 0-2.9999

Story Other

Sewer Public Sewer

Water City

Level or Stories Other

New Construction No

Schools

Elementary Schools Templeton

Middle Schools Jackson Creek

High Schools Bloomington South

School District Monroe County Community School Corp.

Others

Pets Allowed No

Tax ID 53-08-05-300-004.000-009

Acceptable Financing IRM202511570

Listing Terms IRM202511570

Special Listing Condition None

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202511570

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Indiana Regional MLS (IRMLS)
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941

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