Champaign, IL 61822,3312-3314 Boulder Ridge Drive
Champaign, IL 61822,3312-3314 Boulder Ridge Drive
Champaign, IL 61822,3312-3314 Boulder Ridge Drive
32
$442,500
$460,000
3.8%
Est.Price: ?

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6 BD
0.28 Acres Lot

3312-3314 Boulder Ridge Drive Champaign, IL 61822

Est. payment /mo
SOLD DATE : 09/16/2024

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Key Details

Sold Price $442,500

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12093929

Sold Date 09/16/24

Bedrooms 6

Year Built 2020

Annual Tax Amount $11,236

Tax Year 2023

Lot Size 0.280 Acres

Lot Dimensions 80X150

Property Description

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.

Location

State IL

County Champaign

Rooms

Basement None

Interior

Heating Electric, Forced Air

Fireplace N

Exterior

Garage Attached

Garage Spaces 4.0

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Champaign Elementary School

Middle Schools Champaign Junior High School

High Schools Champaign High School

School District 4, 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Nate Evans • eXp Realty,LLC-Maho
Bought with Sherry Qiang • KELLER WILLIAMS-TREC

GET MORE INFORMATION

Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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