$345,500
For Sale

1305 S Park Avenue

Bloomington, IN 47401
1828 sqft | 3 beds | 2 baths | #202433117
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

Description

The 2024 appraised value was $410k! Instant equity! This spacious and versatile property, located just 1 mile south of Indiana University, offers an ideal investment opportunity with immediate income potential. Currently rented, this home is perfectly situated for student, professional or generational living. Featuring a unique layout, the property provides the option for one tenant or owner to enjoy their own private upstairs floor, complete with a full kitchen, while two other tenants/owners can share the main floor, which includes a kitchenette. The convenience of having separate living spaces under one roof is further enhanced by the large outdoor living space. Laundry room located on the main level. New as of 2019: entire roof system (shingles, framing, trusses, gutters with leaf guards), drywall, insulation, 2nd floor windows, kitchen cabinetry, flooring, appliances, bathroom, etc. With its proximity to the university and flexible living arrangement, this property is a rare find that promises both comfort and profitability.

  • Interior Details
      • Bedrooms3
      • Bathrooms2
  • Property Details
      • Square Feet1828
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1985
  • Community and Neighborhood Details
      • CountyMonroe County
  • Other
      • MLS #202433117

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00