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- MLS#11041184
- TypeMulti-Family
- CountyCHAMPAIGN
- CityRantoul
- AreaDewey - Fisher - Flatville - Foosland - Gifford -
- Zip61866
- StyleMulti-Family
- Year Built1974
- Taxes3397
- Price$ 279,900
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size11,326 SqFt
Listing Provided Courtesy Of:
EXP REALTY LLC-CHA
Data Source:
Midwest Real Estate Data LLC
Property Description
CASHFLOW from Day 1 with this NEWLY RENOVATED 6 unit Apartment Complex. Turnkey property was gutted down to the studs and now is completely rehabbed. All spacious 2 Bedroom, 1 bath units have brand new flooring, professionally painted gray interiors with white trim. Kitchens all pop with ceramic backsplashes, new countertops, new cabinets, and new appliances. Bathrooms have new vanities and have been completely rehabbed. Brick exterior has been completely painted and refreshed with all New Windows. Great common area front yard for tenants to use. Security Cameras throughout and secured entrance for second level. Pro Forma Projection* All units expected to rent out at $675 a unit for a projected yearly gross income of $48,600. Property being sold for projected 5.75 Gross Rent Multiplier and projected Cap Rate of 8.68 *All numbers portrayed are owner estimates as property is currently vacant due to construction just now being completed and has just begun accepting Rental Applications.
Price History | |
---|---|
4/2/2021 | Listed $279,900 |
General Features
Construction Materials | Wood Frame |
---|---|
Cooling | Window Unit(s) |
Current Use | Multi-Family |
Electric | Separate Meters |
Possible Use | Multi-Family |
Property Type | Commercial Sale |
Property Type | Multi Family 5+ |
Standard Status | Active |
Stories | 2 |
Tax Annual Amount | 3397.76 |
Total Units | 6 |
Zoning | MULTI |
Exterior Features
Exterior | Brick |
---|---|
Frontage Type | City Street |
Lot Dimensions | 87X130 |
Lot Size Acres | 0.26 |
Lot Size Square Feet | 11310 |
Total Parking | 6 |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Dining Room | ||||
Family Room | ||||
Living Room | ||||
Master Bedroom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool