297 Varsity Ln, Bloomington, IN 47408

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Building Details:

• Year Built: 1985

Campus townhouses with a great rental history! It is truly about location. Just across the street from the IU Football Stadium, these townhouses have occupancy permits for 5 unrelated adults. The HOA is strong and exterior maintenance is not deferred. Easy to care for and convenient to campus, these units are a wise choice for an investor. Owner is licensed real estate broker and listing agent. Additional expense not listed in fields below include a fee for permits of $62.00. January to July 26, 2010 income & expenses are as follows: Gross Income - $28,950.93 Net Income - $22,526.07. Individual Unit Monthly Rents for 2010/2011 are 297 - $1,155; Unit 329 - $1,550; Unit 354 - $1,520 To view more information about the Varsity Villas community, please visit www.varsity-properties.com

Unit 297 - Rent $1,155, Fin Sq Ft 1380, BR 3, Baths 2.5
Unit 329 - Rent $1,550, Fin Sq Ft 1598, BR 4, Baths 3.5
Unit 354 - Rent $1,525, Fin Sq Ft 1598, BR 4, Baths 3.5

Each unit has an occupancy permit for 5 unrelated adults. Lower Level Bedrooms could be divided into 2 to increase BR # by 1.