1201 West Allen Street
1201 West Allen Street
$4,300,000
40
40
23,310
23,310
$184
Description
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 that have been meticulously remodeled to offer modern comforts and style within the past two years. 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....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 that have been meticulously remodeled to offer modern comforts and style within the past two years. 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. See the attached flyer for all renovation and update details! 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. This property is primed for a future of 100% occupancy and consistent rental income. Room to increase rents. Space to add more units. Value add opportunity. Investors seeking a secure and profitable addition to their portfolio need look no further than Hilltop Village!
- Listed by Audra Cannon • CRM Properties, Inc
Property Details for 1201 West Allen Street
Style
Other
SubdivisionSouthwest Bloomington City
WaterfrontNo
Pet RestrictionsYes
Location
LISTING UPDATED: 02/29/2024 02:56 AM
Property Details for 1201 West Allen Street
Status | Active |
---|---|
MLS # | 202332690 |
Days on Market | 244 |
Taxes | $32,730 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Apartment Complex |
Year Built | 1985 |
County | Monroe County |
Location
Building Information for 1201 West Allen Street
Building/Complex1201 W Allen StFloor-Stories1Residences40Pet Policy-Year Built1985Building Size-
Payment Calculator
$26,194 per month
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Property Information for 1201 West Allen Street
Property History for 1201 West Allen Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1201 West Allen Street
Taxable ValueLand$305,900Additions$1,268,400Total$1,574,300
Tax Record2022$50,639 ($4,220 / month)
Home Facts
Total Finished SqFt2,331 SqFtAbove Grade Finished SqFt2,331 SqFtStories1Lot Size115,870 SqFtStyleMulti-Family Res (5+ Units)Year Built1985CountyMONROEAPN53-08-05-300-004.000-009
Schools near 1201 West Allen Street
This home is within Monroe County Com Sch Corp.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Templeton Elementary School PublicPK to 6 | ||
Jackson Creek Middle School Public7 to 8 | ||
Bloomington High School South Public9 to 12 | ||
The Academy of Science and Entrepreneurship Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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