Bloomington, IN 47403 1201 W Allen Street
$3,995,000



17 more


















Presented By: Audra Cannon with CRM Properties, Inc; Cell: 765-431-9111
Home Details
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, all remodeled within the past two years, offering modern comforts and style. 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. 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. Seven of nine roofs have been replaced, breaker boxes upgraded along with telecom wiring, all units have been renovated similarly in finishes and all are similar in layout (open concept)/size.
Presented By: Audra Cannon with CRM Properties, Inc; Cell: 765-431-9111
Interior Features for 1201 W Allen Street
Bedrooms
Num. of 1 Bedrooms39
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Above Grade Bedrooms40
Beds40
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Below Grade Baths
Other Interior Features
Unit 1 SqFt576
Total Finished SqFt23310
Basement Y/NNo
Above Grade Finished SqFt23310
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies1
BasementSlab
Dishwasher(s)40
Disposal(s)40
Dryer(s)3
FlooringVinyl
Microwaves40
Ranges/Ovens40
Refrigerators40
Total Number of Units40
W/D Hookups3
Washers3
Other Rooms
Total Rooms Below Grade
General for 1201 W Allen Street
# of Buildings9
Age40
Agent First NameAudra
Agent Last NameCannon
Annual Electric Expense2750
Annual Fuel Expense438
Annual Insurance Expense14350
Annual Trash Expense2759
AreaMonroe County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms40
CityBloomington
ClassINVESTMENT
CoolingWall AC
DOM23
Elementary SchoolTempleton
FIPS Code18105
FeaturesCable Available, Landscaped, Open Floor Plan, Patio Open, Water Heater Electric, Other-See Remarks
Full Baths40
Half Baths
HeatingElectricity, Baseboard, Wall Heater
High SchoolBloomington South
Legal Description015-62400-00 Seminary Pt Lot 165
Middle SchoolJackson Creek
Net Income316949
New ConstructionNo
OwnerPaysLawn Maintenance, Sewer, Trash Collection, Water
Pet Restrictions Y/NYes
REONo
Rent Income390168
School DistrictMonroe County Community School C
SewerCity
StatusActive
StatusActive
Status Detail0
Stories1
StyleOther
SubdivisionNone
Tax Year2025
Tenant PaysElectric
Total Sq Ft23310
TownshipPerry
TypeApartment Complex
Virtual TourClick here
Year Built1985
Exterior for 1201 W Allen Street
Approx. Lot Size Acres2.66
ExteriorStone
Lot Description0-2.9999
Lot Dimensions460x260
Lot Size Area115870
Number of Parking Spaces40
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Jackson Creek Middle School
Elementary School
Templeton Elementary School
High School
Bloomington South High School
