$165,000
$139,900
17.9%For more information regarding the value of a property, please contact us for a free consultation.
404 E ELM Street Urbana, IL 61801
5 Beds
4 Baths
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11013771
Sold Date 04/09/21
Bedrooms 5
Full Baths 4
Annual Tax Amount $2,664
Tax Year 2019
Lot Dimensions 60 X 127.5
Property Description
Excellent opportunity for an investor or owner to live in one unit and rent out the other. Currently setup as a 4 bedroom 3 full bathroom single family home and detached 1 bedroom 1 full bathroom single family home. Rents are strong and property has been well maintained with recent improvements. The 2 car garage has been converted into a great one bedroom apartment with living room, kitchen & full bath. It's currently generating $670/month. The house is rented for $1875 total with gross rents for the property at $2545. Loads of room to roam in the 4 bedroom home which features a terrific enclosed front porch, eat-in kitchen with a large walk-in pantry & wood floors in the living room, dining room & one bedroom. The basement hosts plenty of storage, bathroom with a shower & large finished area that would make a great recreation room or possibility to add another bedroom A sump pump has been added to the basement! The upper level has a full bath & is currently accessible from the outside. The staircase to the main floor of the house has been opened up to the upstairs level. New owner could de-convert upstairs back to 1 bedroom apartment and make 3 total units. Close to Carle, U of I and bus lines.
Location
State IL
County Champaign
Community Sidewalks
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Patio, Porch
Waterfront false
View Y/N true
Roof Type Asphalt
Building
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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Bought with Nate Evans • EXP REALTY LLC-MAHO