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(Sold)

507 S Lincoln S Bloomington, IN 47401

  • 16 Beds
  • 7,520 sq. Ft
Property Description
16 one bedrooms rental units fully rented in an all brick apartment building with ample parking and great location. Five blocks to Courthouse Square, four blocks to Law School, four Blocks to Bryan Park, two blocks to Third Street Park, two grocery stores within two blocks. Landlord pays water and tenants pay electric, which is heat, cooking and hot water. Apartments have combination Living room and eat in kitchen, bathroom with shower/tub, nice size bedrooms with ceiling fan and walkin closets. Several apartments have been updated and there are insulated vinyl windows in place for low utility cost to tenants. Apartments are approx. 470 Sq. f.t. Maintenance fee in expenses represents six (6%) of gross income. Seller is licensed Real Estate Broker. Commission to non BBOR memebers is to be negotiated.
Address:507 Lincoln Bloomington IN 47401
Status:Sold
Sold On: 5/4/2005
Price:$745,000
Bedrooms:16 Beds
Bathrooms:
Sq. Feet:7,520
County: Monroe County
Township: Indian Creek
School System : Monroe County Community
MLS #:445245
Property Type:Apartment Building

Directions:Located on the southeast corner of Second and Lincoln streets in Bloomington
Total Sq. Ft. :7,520
Loan Price
$4,706
Price And Interest $3,845/month
Property Tax $554/month
MTG INS $0/month
HOME INS $307/month
Price
$737,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$554/month
Home Owner Insurance
$3,684 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Annual Property Tax:$3,325
Subdivision: Southeast Bloomington City
Zip Code:47401
High School:Bloomington South
Middle School:Batchelor
Elementary School:Rogers/Binford
Total Sq. Ft.:7,520
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for 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 broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.