3312-3314 Boulder Ridge Drive

Champaign, IL 61822

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.

This is an Pending listing.

Broker Office Phone Number: 888-574-9405

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