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  • $440,000

    3311-3313 Boulder Ridge Dr, Champaign, IL 61822

    6beds
    --sqft
    Multi Family
    Built in 2021
    -- sqft lot
    $474,000 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 02, 2025 at 10:03am

    Listing courtesy of:

    Nate Evans 217-493-9297,

    eXp Realty-Mahomet

    Bought with:

    Hazem Jaber

    Coldwell Banker R.E. Group

    Source: MRED as distributed by MLS GRID,MLS#: 12140326MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Electric, Forced Air
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    • Details: Garage (Transmitter(s))
    Features
    • Patio & porch: Patio
    Lot
    • Size: 5,280 sqft
    • Dimensions: 48X110
    Details
    • Has additional parcels: Yes
    • Parcel number: 412004422013
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Community
    • Community features: Park, Tennis Court(s), Curbs, Sidewalks
    Location
    • Region: Champaign

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
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