401 N Clark St Bloomington, IN 47408

This home is currently a student rental and zoned R3 under the upcoming Unified Development Ordinance this home will be located in an area designated as Residential Multifamily. The Home sits on a big corner lot, it has 1440sq foot of living space with 3 Bedrooms, 2 full baths, an office area, living room, dining and kitchen. The roof is new, the furnace is 5 years old and there is a new gas stove. There is ample off street parking for multiple vehicles. There is an enormous amount of potential to reconfigure the current living areas to accommodate multiple bedrooms, the home also has a large unfinished attic area that could be converted into living space. Within one block of the IU campus, the home is a very short distance to many University Locations and Activities. The property is ideal for a parent looking for a return on their investment by purchase a home for their student instead of throwing rent money down the drain. The home does not have to be a rental and could be used as a family residence with an in-law suite or, income producing partial rental. For an Investors looking for a new opportunity, the possibilities are limitless. Parking in the front of the home must be leased from the City of Bloomington.