3311-3313 Boulder Ridge DR Save Request In-Person Tour Request Virtual Tour
Champaign,IL 61822
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12140326
Bedrooms 6
Year Built 2021
Annual Tax Amount $9,634
Tax Year 2023
Property Description
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.
Location
State IL
County Champaign
Area Champaign, Savoy
Interior
Heating Electric,Forced Air
Exterior
Exterior Feature Patio
Garage Attached
Garage Spaces 2.0
Community Features Park,Tennis Court(s),Lake,Curbs,Sidewalks
Waterfront true
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Champaign Elementary School
Middle Schools Champaign Junior High School
High Schools Champaign High School
School District 4 ,4, 4
Others
Special Listing Condition None