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33276310
33276311

221 Robinhood Lane, Bloomington, IL 61701

Core 3 Property Management
Listed by Core 3 Property Management
$510,000
5 days on market
Updated 3 days ago

221 Robinhood Lane

Details
APN 1434480010
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Units 6
NOI $43,738
Year Built 1960
Stories 2
Acreage 0.190
Zoning MULTI

Multifamily | 6 Units

Marketing description

Excellent opportunity to acquire a fully leased 6-unit multifamily investment property in a desirable Bloomington location. Conveniently situated just off Route 9/Empire, the property provides tenants with easy access to shopping, dining, employment centers, and everyday amenities. This well-maintained asset offers stable occupancy and strong income potential, making it an attractive addition to any investment portfolio. Tenant amenities include on-site laundry facilities and garage parking for select units. Utilities are included in the rent, with tenants contributing utility reimbursements to help with operating expenses. The property is currently professionally managed, providing a streamlined ownership experience. Whether you're looking to expand your portfolio or acquire a turnkey multifamily investment, this property presents an excellent opportunity in one of Bloomington's established rental markets.
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Listing Contacts

Core 3 Property Management
Listed by Core 3 Property Management

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$43,738.00
$3,644.83/mo

Valuation Metrics

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DSCR
8.58%
Cap Rate
8.58%
ROI

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