Home Sale Pending

Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great *Value-Add* opportunity by simply increasing the rents. Most tenants are long term tenants. Half of these units actually happen to back up to the water, so just great views to enjoy. There is a community common area less than 1 block away, and Subdivision Park with trails, basketball and tennis courts, sledding hills, and skate park. The location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.

Property Details

  • Beds: 6
  • Baths: 0.0
  • Year Built: 2021
  • Location: (private lake, pond, creek)
  • Waterfront: Yes
  • Waterview: Yes
  • County: Champaign County
  • Heat/AC: Forced Air
  • Garage: Garage
  • Siding: Vinyl Siding
  • Roof: Asphalt
  • Property Taxes: $9,634
  • MLS #: 12140397

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Nate Evans, eXp Realty, LLC, 888-574-9405, 888-574-9405 Listing Site, Listing Status: Pending
Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home Sale Pending in Champaign, Illinois
Ad Number : 5273394
Viewed: 29 times
Added: Aug 17, 2024
Updated on: Aug 17, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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