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  • $442,500

    3312-3314 Boulder Ridge Dr, Champaign, IL 61822

    6beds
    --sqft
    Multi Family
    Built in 2020
    -- sqft lot
    $475,100 Zestimate®
    $--/sqft
    $1,554 Estimated rent

    What's special

    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.

    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:

    Sherry Qiang

    KELLER WILLIAMS-TREC

    Source: MRED as distributed by MLS GRID,MLS#: 12093929MLS Logo

    Facts & features

    Interior

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

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 4
    Lot
    • Size: 0.28 Acres
    • Dimensions: 80X150
    Details
    • Has additional parcels: Yes
    • Parcel number: 412004420058
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Champaign

    Other

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