$220,000
$250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
201 Lincoln AVE Urbana, IL 61801
6 Beds
3 Baths
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11886048
Sold Date 05/01/24
Bedrooms 6
Year Built 1900
Annual Tax Amount $7,510
Tax Year 2022
Lot Dimensions 3300
Property Description
Blocks from the engineering campus this student rental property features oversized units and a great location. It has three 2bedroom 1bathroom apartments and an additional 2 car garage that is rented separately. The units rent for $895,$835,$830 respectively. The garage rents for an additional $70 per month. $2630 gross per month. Landlord pays for Call Gas/electric, water, sewer, trash and recycling. Tenants pay for their own internet. Step into cash flow. This is a turnkey investment property in a coveted location.
Location
State IL
County Champaign
Area Urbana
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Leal Elementary School
Middle Schools Urbana Middle School
High Schools Urbana High School
School District 116 , 116, 116
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jonah Weisskopf • Weiner Co., Ltd.