227 W Mechanic St, Bloomfield, IN 47424

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Building Details:

227 W Mechanic St is amulti-family property for lease in Bloomfield, IN.

4 Different Properties made up of residential multi-family investment and commercial investment properties. More detailed information available upon request. This portfolio is made up of the following:

Wilson/Lincoln - 7 Duplexes, 14 - 2 Bedroom, 1 Bath Units, all ranch style.
(Updates include new roof, gutters, interior finishes, flooring; municipal water, sewer, electric, gas, waste disposal; each unit has refrigerator & range; lot sizes range from .21A - .31A; on-site parking; gas F/A and central air.) Gross Rent $495 - $550 per unit.

Shady Grove Apartments at 260 E Church St - 4 Buildings, 16 - 1 Bedroom Units, 8 - 2 Bedroom Units. (gas F/A; central air; each unit has interior corridor access with stairwell to upper level; brick & aluminum exterior; paved parking lot with 36 spaces & concrete sidewalks; each unit has a refrigerator & range; Site is 1.09 acres; 4 detached 2 story buildings; 18,322 SF; each building has interior corridor on each level.) Gross Rent 1 Bedroom Units $425, 2 Bedroom Units $495 per month.

Mechanic Street Apartments - 1 Building, 5 - 2 Bedroom Units. (gas F/A; central air; municipal water & sewer; electric; gas; brick/vinyl exterior; 889 unfinished SF in basement; flooring is carpet & vinyl with some hardwood). Each unit is approximately 750 SF with a gross building area of 5,348 SF. Lot size is .206 acres. Gross rent is $750 per unit.

132 E Main Street - Commercial Building, 9 Suites, Large Garage and Shared Kitchen. 6 office suites on Main Street. 3 office suites on N Judge Street. Oversized garage connecting 2 office buildings. Common area offers kitchen & bath. Commercial spaces all accessed via the main entry off Main Street, one office space accessed via an entry off of Judge Street. Warehouse space accessed via an overhead door off of Judge Street. Each unit has a glass store front and doorway access from the hallway. (Updates include new interior finish, refinished floors, new drywall, refinished ceilings, new HVAC, new finishes throughout, new awnings outside, new wiring, new flooring, new restroom fixtures, new roof.) Parking is public. Original structure is built in 1930. Mechanical and structural elements are considered to be in good operational condition. NO ZONING LIMITATIONS. Lot is 6,954 SF, building footprint is 6,504 SF. Located on the NW corner of Main Street & Judge Street. Spaces range from 273 SF - 5,000 SF, rent income for each unit ranges from $150/month - $785/month. Financials and full packages available upon request.

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