405 E Southern Drive, Bloomington, IN 47401

Currently a 2 BR/1bath house rented for $1800/mo, but property was purchased to build a 4 plex.  City zoning has already given preliminary approval for this use for this lot- Current house would need to be demolished, but you can collect rent until all the paperwork is finished! This is walkable to FETA restaurant and SOMA Coffeehouse at the corner of High and Henderson and perfect for student apartments or townhomes. Very low parking restrictions as well. City busline is a short walk and within a short bike ride to IU.  Owner is a licensed Real Estate Agent.