331 S Grant Street
Bloomington, IN 47401
Located in an Opportunity Zone with potential for significant tax advantages, this 6-unit apartment building offers exceptional investment potential in an A+ location just steps from Bloomington's thriving downtown and Indiana University. Zoned High Density Multi-Family, the property presents exciting redevelopment possibilities, with current occupancy allowances of up to 5 people per unit creating the potential for a very dense future project (buyer to verify redevelopment options). The property also performs well in its current configuration, with solid rental history and total monthly rents of $4,650. A spacious 2-car garage provides additional storage or potential added utility. Whether you're looking for an income-producing asset now or a prime redevelopment opportunity for the future, this is a rare chance to invest in one of Bloomington's most desirable locations. Property is being sold "AS IS".
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: RE/MAX Acclaimed Properties
Agency Contact: Cell: 812-325-1290
Agent Name: Andy Walker
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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331 S Grant Street | MLS# 202618079
This multi-family property located at 331 S Grant Street, Bloomington, IN 47401 is currently listed for sale with an asking price of $659,900. S Grant Street is located within the Monroe County Community School Corp. school district. Search Bloomington real estate on www.coldwellbanker1stchoice.com today.