1702 S Olive St, Bloomington, IN 47401

Total monthly rent of $6020 (August 2023). All units are leased through summer 2024. Minimal landlord expenses (insurance $2280/year, mowing $600/year, no landlord utilities). Hard to find investment opportunity less than 2 miles from Indiana University campus. Four units, two buildings. Well maintained. Roofs and gutters were replaced in 2018. 1702 and 1704 were recently updated with new interior finishes including some granite, hardwood and stainless steel. Several new AC units. Crawlspace work completed in both buildings. All units have the same layout with some minor variations in the location of the laundry. All appliances and washers/dryers stay with the units. All utilities are separately metered and paid by the tenants. Ample parking between the two buildings and a large common area in the back are shared by all tenants. HAND permits are in place.