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Nia Sawyer

listwithnia@gmail.com +1(773) 459-0982

$ 450,000

Est. payment -/mo

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Pending

3307-3309 Boulder Ridge DR Champaign, IL 61822

6 Beds

UPDATED:

10/17/2024 09:18 PM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12140206

Bedrooms 6

Year Built 2021

Annual Tax Amount $9,620

Tax Year 2023

Lot Dimensions 84X220

Property Description

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.

Location

State IL

County Champaign

Area Champaign, Savoy

Rooms

Basement None

Interior

Heating Electric, Forced Air

Fireplace N

Exterior

Exterior Feature Patio

Garage Attached

Garage Spaces 4.0

Community Features Park, Tennis Court(s), Lake, Curbs, Sidewalks

Waterfront true

Roof Type Asphalt

Building

Lot Description Lake Front, Water View

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 Urbana High School

School District 4 , 4, 116

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Nate Evans • eXp Realty,LLC-Maho

Nia Sawyer

Agent | License ID: SL3581710

+1(773) 459-0982

Nia Sawyer

3307-3309 Boulder Ridge DR Champaign, IL 61822

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3307-3309 Boulder Ridge DR