About 1201 W Allen Street
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.
Features of 1201 W Allen Street
| MLS® # | 202511570 |
|---|---|
| Price | $3,995,000 |
| Bedrooms | 40 |
| Bathrooms | 40.00 |
| Full Baths | 40 |
| Square Footage | 23,310 |
| Acres | 2.66 |
| Year Built | 1985 |
| Type | Multifamily |
| Sub-Type | Apartment Complex |
| Status | Active |
Community Information
| Address | 1201 W Allen Street |
|---|---|
| Subdivision | None |
| City | Bloomington |
| County | Monroe County |
| State | IN |
| Zip Code | 47403 |
Amenities
| Features | Cable Available, Landscaped, Open Floor Plan, Patio Open, Water Heater Electric, Other-See Remarks |
|---|---|
| Parking Spaces | 40 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Heating | Electricity, Baseboard, Wall Heater |
| Cooling | Wall AC |
| # of Stories | 1 |
| Stories | Other |
| Has Basement | No |
| Basement | Slab |
Exterior
| Exterior | Stone |
|---|---|
| Lot Description | 0-2.9999 |
| Construction | No |
School Information
| District | Monroe County Community School Corp. |
|---|---|
| Elementary | Templeton |
| Middle | Jackson Creek |
| High | Bloomington South |
Additional Information
| Days on Market | 190 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Audra Cannon |
|---|---|
| Office | CRM Properties, Inc |
| Contact Info | Cell: 765-431-9111 |