3315-3317 boulder ridge drive, champaign, IL 61822

Asking Price
The price of a property as listed on the market.

$450,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 yars old, this duplex is bringing in $43, 500 in annual rent. 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. The 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 ...

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID909885205
MLS Number12140397
CountyChampaign
Bedrooms6
Year Built01/01/2021
Property TypeMulti-family (2-4 units)

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