$450,000
Pending
31 Days Online
6 Beds0 Baths0 SQFT
Pending

3307-3309 Boulder Ridge Drive Champaign, IL 61822

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Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this package is bringing in $183, 600 in annual rent. All 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. 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$9,620
  • HOA/Condo/Coop Fees$0
  • Days on Site30 Days
  • MLS StatusPending
  • MLS ID Number12140206
  • Home Size Source N/A
  • Year Built2021
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 4
  • Sewer Public Sewer
  • Basement None
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 4
  • General Information Commuter Bus
  • Garage Attached
  • Rooms Total 10
  • Lot Size .25-.49 Acre
  • Lot Features Lake FrontWater View
  • Parking Total 4

Interior Features

  • Heating ElectricForced Air

Exterior Features

  • Roof Asphalt
  • Waterfront Property Yes
  • Exterior Patio
  • Lot Lake FrontWater View
  • Waterfront true

Community Features

  • Township Champaign
  • Community Features ParkTennis Court(s)LakeCurbsSidewalks
  • MLS Area Champaign, Savoy

Schools

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

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Monthly Payment (Est.)

$2,179
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