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  • $3,995,000

    1201 W Allen St, Bloomington, IN 47403

    40beds
    23,310sqft
    : 
    Apartment Complex
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Common area laundry facilityRanch-style buildingsModern comforts and styleRenovated similarly in finishes
    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.
    20 days
    on Zillow
    |
    664
    |
    32
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 06, 2025 at 03:51pm

    Listed by:

    Audra Cannon Cell:765-431-9111,

    CRM Properties, Inc

    Source: IRMLS,MLS#: 202511570MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1201 W Allen St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 40
    • Bathrooms: 40
    • Full bathrooms: 40
    Heating
    • Electric, Baseboard, Wall Furnace
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Water Heater
    Features
    • Open Floorplan
    • Flooring: Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 23,310
    • Total interior livable area: 23,310 sqft
    • Finished area above ground: 23,310
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 40
    Features
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 2.66 Acres
    • Dimensions: 460x260
    • Features: 0-2.9999, Landscaped
    Details
    • Additional structures: None
    • Parcel number: 530805300004.000009

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment Complex
    Materials
    • Stone
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Bloomington

    Financial & listing details

    • Annual tax amount: $40,922
    • Date on market: 4/6/2025
    • Listing terms: Cash,Conventional
    • Inclusions: Building, Land, Lease
    • Lease term: 12 Months
    • Total actual rent: 390168
    • Tenant pays: Electricity
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