Looking to add to your investment portfolio or looking to buy your first rental property, then be sure to check out this 3 unit, North Main Street property, just a few blocks from Downtown Urbana. The property offers two, 2 bedroom, 1 bath apartments and one studio apartment. Unit 431 is a studio apartment, with a gas furnace, and rents for $475.00 per month and an additional $75.00 per month for the detached garage, and has a $500.00 deposit. This unit has the utilities included in the rent and the seller pays for the electric ($20.00 average per month), gas (average $63.00 per month), water and trash. Unit 433 is a 2 bedroom,1 bath apartment with electric baseboard heat, and rents for $625.00 per month and has a $575.00 deposit. The tenant pays for the electric and the owner pays for the water and trash. Unit 435 is a 2 bedroom, 1 bath apartment with a gas furnace and rents for $650.00 per month and has a $600.00 deposit. The tenant pays for the electric and gas and the seller pays the water and trash. Each unit has a range and refrigerator that stays with the property and unit 435 has a washer and dryer hook up. The owner pays for the water for the entire property and it averages $58.00 per month and the trash pick up which is $63.00 per month.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
