3307-3309 Boulder Ridge Drive, Champaign, IL 61822

  • $450,000
  • $450,000
3307-3309 Boulder Ridge Drive, Champaign, IL 61822
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Garages
  • 2021
  • Year Built
For Sale
3307-3309 Boulder Ridge Drive, Champaign, IL 61822
  • $450,000
  • $450,000

Overview

Property ID: 25125469
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Garages
  • 2021
  • Year Built

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.

  • Address 3307-3309 Boulder Ridge Drive
  • City Champaign
  • State/county IL
  • Zip/Postal Code 61822
  • Country United States

Details

Updated on August 28, 2024 at 11:39 am
  • Property ID: 25125469
  • Price: $450,000
  • Bedrooms: 6
  • Garages: 4
  • Year Built: 2021
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12140206
  • Office Name: EXP REALTY,LLC-MAHO
  • Agent Name: Nate Evans
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD95403
  • List Agent MLSID: MRD952431
  • List Date: 2024-08-16T19:55:31.000Z
  • Roof: Asphalt
  • Sewer: Public Sewer
  • Heating: Electric,Forced Air
  • Tax Annual: 9620
  • Tax Year: 2023
  • County: Champaign
  • Elementary School: Champaign Elementary School
  • Middle/Junior School: Champaign Junior High School
  • High School: Urbana High School
  • Community Features: Park,Tennis Court(s),Lake,Curbs,Sidewalks
  • Water Source: Public
  • Community Features: Park,Tennis Court(s),Lake,Curbs,Sidewalks
  • Lot Features: Lake Front,Water View

Features

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
shoshot
  • shoshot

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
shoshot
  • shoshot