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709 W California Avenue Urbana, IL 61801 Multi Unit - Multiple Active

  • 709 W California Avenue, Urbana, IL 61801 Main Photo

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Description

Turnkey investment opportunity in the heart of desirable West Urbana, just minutes from the University of Illinois! The tenants are responsible for all utilities except sanitary service; this property offers immediate cash flow from day one. Whether you're expanding your investment portfolio or purchasing your first income property, this is an excellent opportunity. As a duplex, it may also qualify for attractive residential financing options, including a 30-year fixed-rate loan, helping maximize your long-term return. Don't miss your chance to own a well-maintained, cash-flowing property in a prime campus location with strong rental demand! Many updates have been made in the last couple of years, new siding, new windows, bathroom, bedrooms, landscaping, etc. Don't miss amazing home! Schedule your private showing today!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 2
County: Champaign
High School: Urbana High School
Listed By:
The Real Estate Group,Inc 217-607-2634
MRED MLS
$360,000
Est. $2,426/mo
8beds
2baths
Active
BEDS8 BATHS2 full MLS#12723769
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 116

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709 W California Avenue, Urbana, IL 61801.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $360,000$360,000$360,000
Down Payment $72,000$12,600$90,000
Monthly Mortgage Amount $1,820$2,234$2,260
Taxes $501$501$501
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$158$0
Monthly Estimated Total $2,426$2,998$2,866

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