Bought with J Leman of eXp Realty,LLC-Champaign
$142,500
$145,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 03/11/2025
Key Details
Sold Price $142,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Flesner
MLS Listing ID 12269257
Sold Date 03/11/25
Style Ranch
Bedrooms 4
Year Built 1950
Annual Tax Amount $3,095
Tax Year 2011
Lot Dimensions 100 X 166
Property Sub-Type Two to Four Units
Property Description
Unlock the cash flow opportunity you've been searching for with this well-maintained duplex in a fantastic location. With mature trees, spacious units, and immediate income potential, this property is perfect for the savvy investor ready to maximize returns. UNDER-RENTED UNITS = INSTANT UPSIDE: With one unit (304) currently rented month-to-month, there's significant potential to increase rents and boost your ROI from day one. Unit 302 was owner-occupied and is now vacant, ready for a new tenant or an owner-occupant. Shared laundry room with hooks ups for two washer/dryer sets, separate electric panels, furnaces, and hot water heaters. Shared door access to the backyard and detached garage where each tenant has their own parking. This duplex is a cash-flow generator waiting to happen, with rents below market and plenty of room to grow. Ideal for investors looking to add value, raise rents, and create a steady income stream. Don't miss this chance to grab a property with upside potential in a high-demand location. 24hrs notice needed for tenants. **Units are being sold as a package with 306/308 Eden Park next door.
Location
State IL
County Champaign
Rooms
Basement None
Interior
Heating Forced Air
Fireplace N
Exterior
Exterior Feature Porch
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Rantoul Elementary School
Middle Schools Rantoul Junior High School
High Schools Rantoul High School
School District 137, 137, 193
Others
Ownership Fee Simple
Special Listing Condition None
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