Property Attributes
- MLS#12009145
- TypeContingent
- CountyCHAMPAIGN
- CityChampaign
- AreaChampaign - Savoy
- NeighborhoodStonegate
- Zip61821
- Style
- Year Built1971
- Taxes$ 5672
- Price$ 350,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3280
- Lot Size6,970 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Don't miss out on this incredible investment opportunity! This fully leased 4-plex is a gem waiting for you. Consisting of two first-floor units and two second-floor units, each apartment has undergone recent updates, resulting in increased rental income. Conveniently situated in a central location, this property boasts easy access to multiple bus stops, making transportation a breeze for tenants. Additionally, off-street parking in the rear provides added convenience and peace of mind. The owner takes care of trash and sewer expenses, while tenants are responsible for water, power, and gas bills. Furthermore, this property allows for Airbnb/short-term rentals, offering even greater income potential. With its prime location, updated units, and solid rental history, this 4-plex presents a fantastic opportunity for savvy investors. Don't wait, seize this chance to add a lucrative asset to your portfolio!
Elementary School | Middle School | High School |
---|---|---|
Champaign Elementary School | Champaign Junior High School | Champaign High School |
Price History | |
---|---|
3/20/2024 | Listed $350,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Natural Gas,Forced Air |
Possession | Closing,Tenant's Rights |
Roof | Asphalt |
Exterior Features | Balcony |
Year Built | 1971 |
Township | Champaign |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Gross Income | 41700 |
County | Champaign |
Insurance Expense | 1800 |
New Construction | No |
Property Type | Residential Income |
Contingency | Attorney/Inspection |
Subdivision Name | Stonegate |
Total Rooms | 24 |
Status | Contingent |
Directions | John St. South on Hollycrest |
High School | Champaign High School |
City | Champaign |
High School District | 4 |
MLS Area | Champaign,Savoy |
Waterfront Y/N | No |
Street Name | Hollycrest |
Elementary School | Champaign Elementary School |
Tax Annual Amount | 5672.9 |
Middle/Junior High School | Champaign Junior High School |
Days on Market | 17 |
Standard Status | Active Under Contract |
Middle/Junior School District | 4 |
Elementary School District | 4 |
Property Type | Two to Four Units |
Interior Features
Basement | None |
---|---|
Street Suffix | Drive |
Total Bedrooms | 8 |
Total Baths | 4 |
Bedrooms Possible | 8 |
Basement | Crawl |
Full Baths Building | 4 |
Total Number of Units | 4 |
Exterior Features
Parking Features | Unassigned,Off Alley |
---|---|
Water Source | Public |
Total Parking | 5 |
Foundation Details | Concrete Perimeter |
Lot Dimensions | 65 X 110 |
Lot Size Acres | 0.16 |
Exterior | Brick,Vinyl Siding |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool