$350,000 $1,879 est/mo Sourced by Back At You

801 Hollycrest Drive,Champaign, IL 61821

Champaign IL, 61821

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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!

Details

MLS#12009145
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1971
Days On Site61
Listing Provided ByTrautman Real Estate Agency & Appraisal LLC | PJ Trautman

Features

Bed(s)8
Bath(s)4
Acreage0.16

Market Activity 61821

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Learn More About This Property

StateIL
CountyChampaign
CityChampaign
Zip Code61821
AreaChampaign | Savoy
Community NameStonegate
School DistrictChampaign High School
Elementary SchoolChampaign Elementary School
Middle SchoolChampaign Junior High School
High SchoolChampaign High School
Listing VS Median (in Stonegate)
Price:
$350,000
low | high
Med:
$311,500
61% of Average
On Site:
61
low | high
Med:
18.000000
100% of Average
Sourced by Back At You
Listing Updated: May 1, 2024 at 7:51:32 PM PDT