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522 West Davis Street | Bloomington IN | 7175933741

Deborah Tomaro

This listing was posted on Deborah Tomaro (via ListedBuy).

$674,900

522 West Davis Street, Bloomington, IN 47403

Price:
$674,900
BR/BA:
6 BR, 6 BA
Location:
522 West Davis Street, Bloomington, IN
Description:

$6730 is the expected monthly saleal income once the sale increase approval process is completed. Half have already been approved and activated for March/April. Super low maintenance with excellent income. This property was taken down to the studs within the past ten years and completely updated with new electric, plumbing, windows, roof, doors, HVAC, sewer line, flooring. Dry basement with drainage work completed, new gutters, buried downspouts. Maintenance calls are almost non-existent. No carpeting makes for easy turnovers (not that there are many turnovers). Lots of nice touches like intercom for second floor units to avoid running up and down stairs to answer the door and motion sensor lights. All the current tenants are in the HCV or HUD-VASH (for Veterans) programs. Sales are guaranteed and direct deposited to landlord. Landlord pays electric, water/sewer and trash. Shared heat pump HVAC have their own zone controls. Efficient heat pump water heater with storage tank provides plenty of hot water. Utilities average $100-$125 per unit per month. Coin operated laundry is on site (included in the sale). HAND permit expires April 2028. Situated on 3 city lots (development potential? ) on the edge of Mc Doel Gardens (not included in the historic district restrictions) and just a few blocks from the new Hopewell Development that is rejuvenating the old Hospital site to create a new core neighborhood with parks, plazas and mixed use space. Numbers in listing are based on sale increases that will be realized in 2024. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,252 sq. ft.
Amenities:
Storage
For sale by:
Agent/Broker
Agent Name:
Deborah Tomaro
February 19 on ListedBuy
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More About this Listing: 522 West Davis Street, Bloomington, IN 47403
522 West Davis Street, Bloomington, IN 47403 is a Six Bedroom 6.5 Bath Multi-Family Real Estate for Sale at 522 West Davis Street in Bloomington IN. Find other listings like 522 West Davis Street, Bloomington, IN 47403 and listings near 522 West Davis Street by searching Oodle Classifieds for Six Bedroom 6.5 Bath Multi-Family Real Estate for Sale in Bloomington IN.