$460,000
Pending
35 Days Online
6 Beds0 Baths0 SQFT
Pending

3312-3314 Boulder Ridge Drive Champaign, IL 61822

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Duplex opportunity available in NW Champaign. 8 have already sold. At only 4 years old, this home is bringing in $43, 200 in annual rent. Both units are currently at. 1800/month. 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. 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. 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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyChampaign
  • Taxes$11,236
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusPending
  • MLS ID Number12093929
  • Home Size Source N/A
  • Year Built2020
  • Lot Size0.28 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 4
  • Sewer Public Sewer
  • Basement None
  • Acreage 0.28
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 4
  • General Information None
  • Garage Attached
  • Rooms Total 10
  • Lot Size .25-.49 Acre
  • Parking Total 4

Interior Features

  • Heating ElectricForced Air

Exterior Features

  • Waterfront Property No

Community Features

  • Township Champaign
  • MLS Area Champaign, Savoy

Schools

School District
4
Elementary School
Champaign Elementary School
Middle School
Champaign Junior High School
High School
Champaign High School

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Monthly Payment (Est.)

$2,228
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