1201 & 1203 W 7th St

Possibility abounds with this unique property, which includes an historic 100+ year-old home which fronts on Pine St, and a second smaller stand-alone dwelling situated along Seventh St. Important updates include new electrical and insulation work. Drop ceilings were also removed and the original 10’ ceiling has been restored. Both units have solid rental histories. Room count and square footage for each building is as follows: 1201 W 7th (BUILDING A) Total Sq Ft-1126, Total Rooms-5, Total Total Bedrooms-2, Total Bathrooms-1. 1203 W 7th (BUILDING B) Total Sq Ft-416, Total Rooms-3, Total Bedrooms 1, Total Bathrooms-1. This property would be great for someone who is looking for two separate living situations—who wants autonomy for someone, but where being close is part of the picture. It would be perfect for anyone who would like to have rental income help cover expenses. There are loads of possibilities for a person with vision, who could use all the good parts, and on the same foot-print, transform the rough spots into beautiful new living space. Good for an investor who likes investing in popular neighborhoods, like Bloomington’s Near West Side. And finally, perfect for buyers who are buying a lifestyle, not just a house--who want to be in a historic core neighborhood, immediately adjacent to Bloomington’s vibrant urban center. There is a nice, private, yard with a 6’ privacy fence and covered parking for two cars. The occupancy permit for 1203 is set to be issued. The permit for 1201 is pending on completion of some on-going work. Currently there are not property tax exemptions on file. With a Homestead and Mortgage Credit , yearly taxes are estimated to be $851.00