REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,600,000
Est. payment | /mo
8,712 Sqft Lot
$ 2,600,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Commercial
Sub Type House
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Bloomington City
MLS Listing ID 202441429
Year Built 1920
Annual Tax Amount $27,949
Tax Year 2024
Lot Size 8,712 Sqft
Property Sub-Type House
Property Description
Positioned in a highly desirable location close to Indiana University campus, 1000 & 1002 E Atwater Avenue offer a chance to acquire a fully leased investment property. These two buildings feature a combined total of 21 rooms, generating a robust monthly rent of $20,475, which will increase to $21,840 in August 2025. Leases are secured through July 2026, ensuring dependable income for years to come. Ample off-street parking adds to the property's appeal for tenants. This exceptional property is ideal for investors looking to own a premium, income-producing asset in a prime area.
Location
State IN
County Monroe County
Area Monroe County
Direction On Atwater between S Faculty Ave and S Hawthorne Dr.
Interior
Flooring Mixed
Appliance Building
Exterior
Roof Type Shingle
Building
Story 2
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202441429
IDX information provided by the Indiana Regional MLS
Listed by Jeff Brawley • Brawley Real Estate • Office: 844-254-7368
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "