Report Listing

Home For Sale

$365,000

407 E Elm St
Urbana, Illinois, United States

5bd 5ba

Listed By: Realtyww Info

Listed On: 09/13/2024

Listing ID: GL11186661 View More Details

Description

Looking for a gem to add to your investment portfolio or perhaps looking for your first investment. This unique five-unit apartment building in the Champaign-Urbana area is an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with tenants responsible for their own utilities, while the landlord only handles landscaping and trash services. The units include carpet and vinyl flooring, with one dedicated parking space per unit and plenty of street parking available. Conveniently located just a few blocks from downtown Urbana, Lincoln Square Mall, and shopping options, this property is also close to the University of Illinois at Urbana-Champaign (UIUC). With solid bones and new development in the area, this building offers great potential for increasing ROI through continued improvements and rent increases. Don't miss out on this prime location, perfect for attracting tenants! Call you favorite Realtor today to schedule your private showing.

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Listed by: Carol Meinhart