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    423 S Fess Avenue

    Bloomington, IN 47401
    • $1,250,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 202137920
    New On Site 6 Days Ago
    UPDATED: 79 min ago
    $1,250,000
    • 11
      BEDS
    • 0.19
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 8,062
      SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    RARE LOCATION only 2 BLOCKS to CAMPUS! This 9 unit apartment complex features 11 bedrooms and an occupancy permit for 15. New permit on file for 3 years in 2021. All UNITS FULLY OCCUPIED with a yearly gross rent of $101,400 until August 2022. Only 1 block South of Atwater on the corner of Fess and Hunter. This property includes parking for 12 vehicles. Excellent rental history!! New Roof December 2015. Continued yearly improvements.

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2021-09-16T11:28:16.317.

    www.indianahomehub.com/homes/121289509
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    423 S Fess Avenue Bloomington, IN 47401

    • Price: $1,250,000
    • Status: Active
    • Updated: 79 min ago
    • MLS #: 202137920
    11
    Beds
    6
    Baths
    0
    ½ Baths
    0.19
    Acres
    8,062
    SQFT
    $155
    $/SQFT
    1930
    Built
    Neighborhood:
    Northeast Bloomington City
    County:
    Monroe
    Area:
    Monroe
    Elementary School:
    Rogers/Binford
    Middle School:
    Jackson Creek
    High School:
    Bloomington South
    School District:
    Monroe County Community School C
    Property Description
    RARE LOCATION only 2 BLOCKS to CAMPUS! This 9 unit apartment complex features 11 bedrooms and an occupancy permit for 15. New permit on file for 3 years in 2021. All UNITS FULLY OCCUPIED with a yearly gross rent of $101,400 until August 2022. Only 1 block South of Atwater on the corner of Fess and Hunter. This property includes parking for 12 vehicles. Excellent rental history!! New Roof December 2015. Continued yearly improvements.
    Exterior Features

    Driveway Asphalt Exterior Aluminum Location Near College Campus Lot Description Irregular Lot Dimensions irregular Outbuilding None Parking LotPaved Parking Spaces 11 Pool YN No Roof Material Shingle Style Two And Half Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Unit4 Garage Type None Unit5 Garage Type None Unit6 Garage Type None Waterfront YN No

    Interior Features

    Above Grade Bedrooms 10 Above Grade Finished Sqft 7362 Above Grade Unfin Sq Ft 0 Amenities Off Street ParkingAttic StorageBuilt-In BookcaseCable ReadyDetector-SmokePorch Covered Basement Foundation Partially FinishedWalk-Out Basement Basement Material Block Basement YN Yes Below Grade Baths 1 Below Grade Bedrooms 1 Below Grade Finished Sqft 700 Below Grade Unfin Sq Ft 0 Cooling Central AirWall Ac Dishwashers 4 Disposals 7 Dryers 2 Flooring CarpetLaminateVinyl Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 7 Refrigerators 7 Rooms Below Grade 3 Total Baths 6 Total Below Grade Sqft 700 Total Sq Ft 8062 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 600 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 3 Unit3 Sq Ft 1325 Unit4 Basement YN No Unit4 Bathrooms 1 Unit4 Bedrooms 1 Unit4 Sq Ft 500 Unit5 Basement YN No Unit5 Bathrooms 1 Unit5 Bedrooms 1 Unit5 Sq Ft 450 Unit6 Basement YN No Unit6 Bathrooms 1 Unit6 Bedrooms 1 Unit6 Sq Ft 200 Wash Dry Hookups 4 Washers 2

    Property Features

    Annual Electric Expense 8671 Annual Fuel Expense 6539 Annual Gross Rent 93600 Annual Insurance Expense 1300 Annual Maint Expense 7334 Annual Misc 0 Annual Net Income 56716.64 Annual Property Tax 8538.36 Annual Trash Expense 1240 Annual Water Sewer Exp 3261 Assoc Dues Frequency Not Applicable Cable Company Comcast Documents Available Aerial PhotoUtility Bill Information Efficiencies 4 Electric Company Duke Energy Indiana Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Centerpoint Energy Gross Monthly Income 7800 Gross Monthly Rent 7800 Lease Term 1 Year2 Years New Construction No One Bedrooms 4 Owner Pays CableCoolingElectricHeatingLawn MaintenanceMaintenanceSewerSnow RemovalTaxTrash CollectionWater Owner Real Estate License YN No People Allowed 15 Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays Deposit ValueOther Three Bedrooms 1 Township Perry Two Bedrooms 0 Unit2 Unit Rent 800 Unit3 Unit Rent 2250 Unit4 Unit Rent 900 Unit5 Unit Rent 700 Unit6 Unit Rent 625 Units Rented 9 Water Company Bloomington City Utility Water Utility City Year Taxes Payable 2020

    Listing courtesy of Kelly Jones of Millican Realty.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Anthony REALTORS. Data last updated: 2021-09-16T11:28:16.317.

     
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