$1,200,000
$1,200,000
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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
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IDX information provided by the Indiana Regional MLS
Bought with Amy Kopp • RE/MAX Acclaimed Properties
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