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225 N Smith Road, Bloomington, IN 47408
108 Beds
108 Baths
1,050 sqft

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Great Investment opportunity! This 54 unit complex is known as Shamrock Pointe. Conveniently located on Bloomington's east-side, featuring two bedroom, two bath flats. This complex was built in 2009 with vaulted ceilings, and tiled floors. All units are metered separate, making this perfect for the investor looking to step in and take over with minimal effort. Close to campus and east-side shopping, these units are easy to market and rent! Plenty of potential to update and seek higher rents!
  • Price:
  • $5,450,000
  • Bedrooms:
  • 108
  • Full Baths:
  • 108
  • Half Baths:
  • 0
  • Quarter Baths:
  • 0
  • Three Quarter Baths:
  • 0
  • Square Footage:
  • 1,050
  • Acreage:
  • 3.88
  • Year Built:
  • 2009
  • Listing ID #:
  • 201710794
  • Street Address:
  • 225 N Smith Road
  • City:
  • Bloomington
  • State:
  • Indiana
  • Postal Code:
  • 47408
  • County:
  • Monroe County
  • Listing Status:
  • Active
9
out of 10
University Elementary School
Public
27 reviews
256 students
Grades PK-6
8
out of 10
Tri-North Middle School
Public
9 reviews
589 students
Grades 7-8
7
out of 10
Bloomington High School North
Public
8 reviews
1498 students
Grades 9-12
  • Age Of Dwelling:
  • 9
  • Basement Description:
  • Crawl
  • Exterior Description:
  • Vinyl
  • Features:
  • Ceiling Fan, Off Street Parking, Skylights, Storage, Balcony, Bar, Ceilings-Vaulted
  • Finished Above Ground Square Footage:
  • 1050
  • Finished Square Feet:
  • 1050
  • Flooring:
  • Carpet, Tile
  • Number Of 2 Bedroom Units:
  • 54
  • Number Of Units:
  • 54
  • Stories:
  • 2
  • Style:
  • Two Story
  • Total # Of Buildings:
  • 8
  • Total Building Square Footage:
  • 1050
  • Year Built:
  • 2009
  • Annual Income:
  • 387282.14
  • Annual Insurance Expenses:
  • 11837
  • Annual Rental Income:
  • 474240
  • Annual Trash Expenses:
  • 2520
  • Lot Description:
  • Level
  • Lot Square Footage:
  • 169013
  • Road Surface:
  • Concrete
  • Days On Market:
  • 586
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • Lease
  • Lease Terms:
  • 1 Year
  • Association Fees Payment Frequency:
  • Not Applicable
  • Monthly Rent:
  • 39520
  • Tax Year:
  • 72600.86
  • Tenant Pays:
  • Electric, Fuel, Water
  • Parking Spaces:
  • 108
  • Cooling System:
  • Central Air
  • Heating Fuel:
  • Heat Pump
  • Sewage Type:
  • City
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided by Kirsten Lee of T. Jones Real Estate Inc
  • “IDX information provided by the Indiana Regional MLS” WAYNE
  • School data provided by
    GreatSchools

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