$284,000
$299,900
5.3%For more information regarding the value of a property, please contact us for a free consultation.
407 W Elm ST Urbana, IL 61801
4 Beds
6,534 Sqft Lot
Key Details
Sold Price $284,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12193746
Sold Date 11/27/24
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
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jon Fisher • MR. LANDMAN
GET MORE INFORMATION