1701 N Lincoln Street Bloomington, IN ^$ 4,200,000

1701 N Lincoln Street

^$ 4,200,000

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1701 N Lincoln Street

Bloomington, IN, 47408

^$ 4,200,000

Studio Baths3.0 Sq 1,112

Monthly Estimate*

^$ 29,338

1701 N Lincoln Street, Bloomington, IN 47408 - Image 1

1701 N Lincoln Street, Bloomington, IN 47408 - Image 2

1701 N Lincoln Street, Bloomington, IN 47408 - Image 3

1701 N Lincoln Street, Bloomington, IN 47408 - Image 4

1701 N Lincoln Street, Bloomington, IN 47408 - Image 5

1701 N Lincoln Street, Bloomington, IN 47408 - Image 6

1701 N Lincoln Street, Bloomington, IN 47408 - Image 7

1701 N Lincoln Street, Bloomington, IN 47408 - Image 8

1701 N Lincoln Street, Bloomington, IN 47408 - Image 9

1701 N Lincoln Street, Bloomington, IN 47408 - Image 10

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Studio

Commercial Property for sale in Bloomington, IN

for $4,200,000 with 3 full baths. This 1,112 square foot building was built in 1999 on a lot size of 0.2.

Here are 20 2BR, 2.5 bath units for sale in College Park. Each unit is approx. 1112 sq ft. Addresses are1701-1734. Gross yearly income is $347,760. This is in the highest density area of Bloomington for rentals. 5 people per unit. All appliances and window coverings included. Items belonging to tenants excluded. 35 percent operating expense ratio puts annual NOI at $226,044. Parking onsite and busline very close at Stadium. Asking $4,200,000.

Commercial Active

Price

^$ 4,200,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 49,340

Style

Unknown

Lot Size

0.2

Year Built

1999

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202403075

Features

General

Heating Forced Air

Cooling Central Air

Ceiling Height 10

Roof Asphalt

Parking Yes Paved

Sewer City

# of Buildings 20

Status Active Active

Bathrooms 3

Year Built 1999

New Construction No

Subdivision College Park

Stories 2

Township Bloomington

Class COMMERCIAL

Present Use Investment Property

Type Other/Unknown

Age 25

Special Features Cable

REO No

Area Monroe County

Location City

City Bloomington

Street Name Lincoln

Legal Description DIST:0003 CITY/MUNI/TWP:BLOOMINGTON TOWNSHIP COLLEGE PARK LOT 20 MAP REF:28.58 -0021.000. 20 Units 1701-1734.

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202403075

Agent First Name Jason

Agent Last Name Millican

DOM 80

Tax Year 23/24

Restrictions Deed Utility Easements

Exterior

Road Access City

Exterior Vinyl Wood

Driveway Asphalt

Lot Size Area 8712

Lot Dimensions .2

Parking Type paved

Fence Partial Wood

Water Features None

Waterfront Y/N No

Interior

Flooring Carpet Laminate Vinyl Tile Tile

Basement/Foundation Crawl

Walls Drywall

* Excluded Features

List By

Jason Millican

Listing Agent

Jason Millican Group

Broker

j.millican207@gmail.com

Affordability Calculator

$33,450

Per Month

Monthly Principal & Interest: $29,338
Monthly Property Taxes: $4,112
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bloomington, IN

Average List Price ^$1,419,381

Percent of Sale Price 66%

About Bloomington, IN

85,394 Population

21% Since 2002

^$37,587 Median Income

23.35 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/31/2024	$4,200,000		Listed Price

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1701 N Lincoln Street, Bloomington, IN, 47408 is a Commercial Property for sale at $4,200,000 with 1,112 sqft and a lot size of 0.2. 1701 N Lincoln Street is a studio with 3.0 baths and was built in 1999. The property's zip code is 47408 which is in Bloomington, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 4/27/2024.

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1701 N Lincoln Street

Commercial Property for sale in Bloomington, IN

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