407 W Elm ST Pending

Urbana,IL 61801

$ 299900

4 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12193746

Bedrooms 4

Year Built 1903

Annual Tax Amount $6,368

Tax Year 2023

Lot Size 6,534 Sqft

Lot Dimensions 54X115

Property Description

Welcome to 407 W Elm, Urbana, IL - an excellent investment property featuring two fully remodeled units with strong rental income. Unit 1 is a spacious 3-bedroom, 2-bathroom layout, while Unit 2 is a comfortable 1-bedroom, 1-bathroom unit. Both units feature in-unit laundry for tenant convenience. The property also includes an unfinished basement offering shared storage space and a detached two-car garage with a new overhead door that presents additional income potential. With recent upgrades and a prime location, 407 W Elm is a fantastic addition to any rental portfolio.

Location

State IL

County Champaign

Area Urbana

Rooms

Basement Full

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Waterfront false

Building

Dwelling Type Two to Four Units

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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