Bought with Amy Kopp • RE/MAX Acclaimed Properties
$1,200,000
$1,200,000
For more information regarding the value of a property, please contact us for a free consultation.
3,484 Sqft Lot
SOLD DATE : 05/16/2025
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Northeast Bloomington City
MLS Listing ID 202502598
Sold Date 05/16/25
Year Built 2018
Annual Tax Amount $17,042
Tax Year 2024
Lot Size 3,484 Sqft
Property Sub-Type Mixed Use
Property Description
Prime investment opportunity near Indiana University! This 3-story building at 608 N Dunn features a rooftop deck, one commercial space, and six residential units, offering a combination of income streams. Pre-leased until July 2027, this property provides immediate cash flow with current rent at $8,900/month, increasing to $9,200 in August 2025 and $10,010 in August 2026. Located just a short few blocks from Kirkwood Avenue and a short walk to campus, this property is perfectly positioned to attract student renters. The building is well-maintained and the rooftop deck offers tenants a unique outdoor space. Don't miss this turnkey investment with high occupancy potential and strong appreciation in a thriving college town!
Location
State IN
County Monroe County
Area Monroe County
Direction GPS friendly
Interior
Flooring Concrete
Appliance Building, Lease
Exterior
Fence None
Roof Type Flat
Building
Story 3
New Construction No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
IDX information provided by the Indiana Regional MLS
Nearby Locations
GET MORE INFORMATION
REALTOR®