314-324 N College Avenue, Bloomington, IN 47404 - multi-family property

Detailed information about multi-family property which situated in Bloomington (47404) city, Indiana state on 314-324 N College Avenue.

Additional Information: 100% Leased for 2012-2013! Net operating income of $145,000. Three adjacent student housing duplexes located in downtown Bloomington - just five blocks from Indiana University, and one block from the Courthouse. The high visibility assemblage is the heart of the high-end student housing district, back-to-back with Kilroys Sports, and caddy-corner from Smallwood. Students love these units due to their huge size compared to new construction, outdoor living space, convenient parking, and ideal location. Access to campus is a snap, either on foot or by the “Campus Shuttle” - Bloomington Transit’s free-to-students bus which stops at Smallwood. All three buildings were completely remodeled in 2005 and all HVAC units, electrical, roof, etc. were replaced. The property sits on .4 acres and has 15 onsite parking spaces for all tenants. Tenants pay for all utilities except water/sewer/trash.