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 that have been meticulously remodeled to offer modern comforts and style within the past two years. 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. See the attached flyer for all renovation and update details! 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. This property is primed for a future of 100% occupancy and consistent rental income. Room to increase rents. Space to add more units. Value add opportunity. Investors seeking a secure and profitable addition to their portfolio need look no further than Hilltop Village!
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Summit Elementary School
1450 W Countryside Ln
Distance between this listing and this school1.00 miles
Public District Grades PK-6
3
/10
Fairview Elementary School
627 W 8th St
Distance between this listing and this school1.01 miles
Public District Grades PK-6
4
/10
Templeton Elementary School
1400 South Brenda Ln
Distance between this listing and this school1.13 miles
Public District Grades PK-6
Nearby Schools
10
/10
The Bloomington Project School
349 S Walnut St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-8
8
/10
Tri-North Middle School
1000 W 15th St
Distance between this listing and this school1.48 miles
Public District Grades 7-8
6
/10
Lora L Batchelor Middle School
900 W Gordon Pike
Distance between this listing and this school2.18 miles
Public District Grades 7-8
Nearby Schools
5
/10
The Academy of Science & Entrepreneurship
444 S Patterson Dr
Distance between this listing and this school0.57 miles
Public District Grades 9-12
9
/10
Bloomington High School South
1965 S Walnut St
Distance between this listing and this school1.28 miles
Public District Grades 9-12
8
/10
Bloomington High School North
3901 N Kinser Pike
Distance between this listing and this school3.23 miles
The neighbors living near this home have an average income of $39,243. Residents of Bloomington, IN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1201 W Allen St
What is the listing price of this property?
The listing price of 1201 W Allen St property is $4,300,000.
What type of property is this?
The property 1201 W Allen St is a condo located in Bloomington, Indiana, 47403.
Is this property for sale now?
Active Listing: 1201 W Allen St is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 1201 W Allen St is 1985.
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This home is located at 1201 W Allen St in Bloomington, IN and zip code 47403. This home was built in 1985. It has been listed on Rocket Homes since September 08, 2023 and is currently priced at $4,300,000.
Over 8 listings were sold over their listed price in April 2024 in Bloomington, IN. In the same period over 24 listings were sold below the listed price and 18 listings were sold for the listed price. The inventory of homes for sale in Bloomington, IN between March 2024 and April 2024 increased by 64.5%. The median list price of listings available in April 2024 was $320,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
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