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1201 W Allen Street
Bloomington, IN 47403

$3,995,000 - Status: Pending
SQFT: 23,310
MLS# 202511570

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.

Property Features

MLS#: 202511570
Zip: 47403
Subdivision:
Development: Perry
Property Type: Multi Unit - Multiple
Number of Units: 40
Basement: Slab
Cooling: Wall AC
Days on Site: 388
Heating: Electricity, Baseboard, Wall Heater
Home Style: Apartment Complex
Lot Size: 2.66 acres
Year Built: 1985

Feature Descriptions

Above Grade Finished SQFT: 23310
Amenities: Cable Available, Landscaped, Open Floor Plan, Patio Open, Water Heater Electric, Other-See Remarks
Exterior: Stone
Lot Description: 0-2.9999
Lot Dimensions: 460x260
Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric
Total Finished SQFT: 23310
Units: 40
Water: City

Local Schools

High School: Bloomington South
Middle School: Jackson Creek
Elementary School: Templeton
School District: Monroe County Community School Corp.

1201 W Allen Street | MLS# 202511570

This multi-family property located at 1201 W Allen Street, Bloomington, IN 47403 is currently listed for sale with an asking price of $3,995,000. W Allen Street is located within the Monroe County Community School Corp. school district. Search Bloomington real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: CRM Properties, Inc
Agency Contact: Cell: 765-431-9111
Agent Name: Audra Cannon

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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