304 E Southern Drive Bloomington, IN 47401

227317021 39.149567 -86.5312 3112 /listing/227317021-151354640/304-e-southern-drive-bloomington-in-47401 False 0 2700000.0 24643 100 47 54 201854138 False
  • $2,700,000
  • 47 bd
  • 50 full ba
  • 4 half ba
  • 24,643 sqft
  • 1.47 lot
  • Est payment $14494.18/mo

Property & Neighborhood Info

Courtesy Of Matthew Cole, RE/MAX Acclaimed Properties

Single Family in Bloomington

This is an amazing investment opportunity with 11 buildings totaling 15 units. There are a total of 47 bedrooms, 50 full baths and 4 half baths. This package has 100% occupancy. All units were built between 2007 and 2015 and are in great condition. Located just blocks south of Indiana University and on the bus line, the location is awesome. Within two blocks of these units are restaurants and shops. A newly constructed pedestrian/biking trail is adjacent to this property which leads to Bloomington's newest park, Switchyard Park. This park is being built on 65 acres and features an 11,000 sq. ft. pavilion for rental, banquet and festival space, an amphitheater, community gardens, athletic courts and fitness stations, skate park, dog park and so much more. Switchyard Park is scheduled to open in May of 2020. This is a fast growing area of Bloomington and now is the time to invest.

Courtesy Of Matthew Cole, RE/MAX Acclaimed Properties
  1. 47 Beds
  2. 50 Full Bath
  3. 4 Half Bath
  4. 24,643 Sq. Ft.
  5. 1.47 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2007
  • Floors: 2
  • Full Bath: 50
  • Half Bath: 4
  • School District: Templeton
  • School District2: Jackson Creek
  • School District3: Bloomington South
  • School District: Monroe County Community School C
  • County: Monroe
  • Taxes: $42,117.52
  • Tax Year: 2018
  • Units: 15
  • MLS Number:201854138

Additional Features

  • Cooling:
    • Central Air
  • Flooring:
    • Carpet
    • Vinyl
  • Location:
    • City/Town/Suburb
    • Near College Campus
    • Near Walking Trail
  • New Construction Description:
    • No
  • Property Type:
    • Other
  • Roof:
    • Shingle
  • Style:
    • Detached
  • Foundation/Basement:
    • Slab
  • Exterior:
    • Vinyl
  • Fence:
    • None
  • Lot Description:
    • Level
  • Waterfront:
    • No
  • Pool:
    • No
  • Parking:
    • Garage
    • Off Street
    • Paved
  • Parking Spaces:
    • 54
  • Heating:
    • Electricity
  • Sewer:
    • City
  • Amenities:
    • Cable Ready
    • Ceiling Fan
    • Closet(s) Walk-in
    • Countertops-Laminate
    • Near Walking Trail
    • Off Street Parking
  • Pet Restrictions:
    • No
  • Planned Unit Development:
    • No
  • Water Features:
    • None
  • Auction:
    • No
  • Board:
    • Bloomington BOR
  • Gross Income:
    • 20196
  • Lease Terms:
    • 1 Year
  • Net Operating Income:
    • 194199.48
  • Owner Pays:
    • Building Insurance
    • Lawn Maintenance
    • Snow Removal
    • Tax
  • Sale Includes:
    • Building
    • Land
    • Lease
  • Sale Or Rent:
    • For Sale
  • Dues Frequency:
    • Not Applicable
  • Tenant Pays:
    • Cable
    • Cooling
    • Electric
    • Heating
    • Sewer
    • Water
  • Below Ground Sq Ft:
    • 0
  • Below Ground SQFT Unfinished:
    • 0
  • Listing URL:
    • http://www.reindiana.com/201854138
  • MLSSystem ID:
    • Bloomington BOR
  • Square Footage Total:
    • 24643
  • Tax ID:
    • 53-08-09-201-021.000-009
  • Total Acres:
    • 1.472
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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Dewain Davis
Dewain Davis
Owner, Broker

304 E Southern Drive Bloomington, IN 47401

227317021 39.149567 -86.5312 3112 /listing/227317021-151354640/304-e-southern-drive-bloomington-in-47401 False 0 2700000.0 24643 100 47 54 201854138 False
  • $2,700,000
  • 47 bd
  • 50 full ba
  • 4 half ba
  • 24,643 sqft
  • 1.47 lot
  • Est payment $14494.18/mo