8450 Old State Road 37, Bloomington, IN 47403

Overview

MLS ID: #201903777
Price: $ 1,100,000
Lot Size: 10.92 Acres
Year Built: 1970
Bedrooms: 24
Full Bathrooms: 17
Half Bathrooms:
Taxes: $ 3,000
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A fantastic investment opportunity is found in this 9 unit Mobile Home Park on 12 acres off Old St Rd 37 just South of Bloomington! Included are 8 3bd/2ba mobile homes and a 5bd/2ba 2,000 sqft ranch over a basement-a total rental revenue of over $110,000 per yr.! All units have been rebuilt and are in excellent shape. New septic system in place. 90% of the units have a direct deposit for rents and have at least 1 yr leases -with a waiting list! Don’t miss this great investment!!

MLS ID: 201903777

Details

# of Units 9
Price Per Unit 122,222.220
Above Grade Finished SF 0
Above Grade Unfinished SF 2
Combined Finished SF 0
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 0
Lot Dimensions Irregular
Approx Lot Size SqFt 475,806
Approx Lot Size Acres 10.9230
Garage SF 1,800
Garage # of Cars 2
# of Fireplaces 5
Water Front No
Style Other
New Construction No
Elementary School Lakeview
Middle School Batchelor
Senior Bloomington South
District Monroe County Community School C
# Bedrooms 24
# of Full Baths 17
# of Half Baths 0
# Above Grade Bedrooms 8
Dining Room 1 x 1550
Kitchen 925 x 975
Family Room 995 x 925
Bedroom 5 9 x 9
Laundry Room 9 x
Other Room 2 3 x 9375
Other Room 3 3 x
Annual Gross Rent Income $112,500.00
Annual Sewer Expense $1,800.00
Annual Fuel Expense $0.00
Annual Electric Expense $600.00
Annual Trash Expense $1,560.00
Annual Property Tax $4,206.00

Listing Office: RE/MAX Acclaimed Properties

Listing Agent: Andy Walker

Disclaimer:

Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.
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