3315-3317 Boulder Ridge Drive
$440,000
6
4
2
3,000
3,000
$147
Closed 9/22/24
Description
Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. 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...Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. 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. Half of these units actually happen to back up to the water, so just great views to enjoy. 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. The 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.
- Listed by Nate Evans • eXp Realty,LLC-Maho
Sold By Coldwell Banker R.E. Group
Property Details for 3315-3317 Boulder Ridge Drive
Area
Champaign, Savoy
TownshipChampaign
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelElectric, Forced Air
LISTING UPDATED: 01/02/2025 12:05 PM
Property Details for 3315-3317 Boulder Ridge Drive
Status | Closed |
---|---|
MLS # | 12140397 |
Days on Market | 38 |
Taxes | $9,634 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / Duplex Side By Side |
Year Built | 2021 |
Lot Size | 0.42 AC / 18,480 SF |
County | Champaign County |
Building Information for 3315-3317 Boulder Ridge Drive
Stories-Residences2Year Built2021Building Size-Lot Size0.42 AC / 18,480 SF
Property Information for 3315-3317 Boulder Ridge Drive
Property History for 3315-3317 Boulder Ridge Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3315-3317 Boulder Ridge Drive
This home is within Champaign Community Unit School District 4.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Garden Hills Elementary School PublicK to 5 | ||
Jefferson Middle School Public6 to 8 | ||
Centennial High School Public9 to 12 | ||
Kenwood Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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