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2012 S Vawter Avenue

Urbana, IL 61801
  • $415,000
  • STATUS: Active Under Contract
  • ON SITE: 125 Days
  • MLS #: 11678506
Under Contract
UPDATED: 47 min ago
$415,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2001
County:
Area:

School Ratings & Info

Description

2012 Vawter consists of two buildings with 7 total units. Five of them are large townhouse style 2 bedroom units with 1.5 bathrooms and plenty of rooms to spare. All units have great natural light and good unit flow. These bi level town home style units rent easily, turnover easily, and come with central air and parking. The parking consists of 5 covered spots and 2 off street. There is also a basement common area coin operated laundry income and tenant storage. The building generates 5,227 a month in gross cashflow with units renting for 750 per month on average. In addition the tenants pay their own gas/electric and water bill. The landlord does not pay heat! You pay laundry water, common area electric/gas, sewer, and trash. Conscientious owner with too many upgrades to mention has kept these two buildings in great shape. This is a fully rented turnkey chance to cash flow on day one.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2023-04-01T17:58:41.027 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2012 S Vawter Avenue Urbana, IL 61801

  • Price: $415,000
  • Status: Active Under Contract
  • On Site: 125 Days
  • Updated: 47 min ago
  • MLS #: 11678506
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2001
Built
Neighborhood:
Urbana
County:
Champaign
Area:
Urbana
Property Description
2012 Vawter consists of two buildings with 7 total units. Five of them are large townhouse style 2 bedroom units with 1.5 bathrooms and plenty of rooms to spare. All units have great natural light and good unit flow. These bi level town home style units rent easily, turnover easily, and come with central air and parking. The parking consists of 5 covered spots and 2 off street. There is also a basement common area coin operated laundry income and tenant storage. The building generates 5,227 a month in gross cashflow with units renting for 750 per month on average. In addition the tenants pay their own gas/electric and water bill. The landlord does not pay heat! You pay laundry water, common area electric/gas, sewer, and trash. Conscientious owner with too many upgrades to mention has kept these two buildings in great shape. This is a fully rented turnkey chance to cash flow on day one.
Exterior Features

Exterior Building Type BrickVinyl Siding Outdoor Parking 1-5 Spaces Parking Total 7 Roof Structure Other

Interior Features

Cooling Central Air Heat Ventilation ElectricGasForced Air Miscellaneous Inside Laundry RoomStorage Inside

Property Features

Additional Parcels YN No Approximate Age 16-25 Years Built Before1978 YN No Contingency Financing Continue To Show Yes Current Use Multi-Family Electric Service - 0 To 100 Amps Gross Income 5222 Gross Scheduled Income 62664 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 31721 Operating Expense 17539 Tax Annual Amount 9551 Tax Year 2021 Tenant Pays ElectricityHeatWaterHot Water Total Monthly Income 5222 Township Urbana Type Multi Family 5+ Utilities Water-MunicipalSewer-Storm Available Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Beringer Realty: 217-552-0700.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2023-04-01T17:58:41.027 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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The Dena Furlow Team - Keller Williams Realty
608 S. Washington St., Suite 100
Naperville IL, 60540