Photo 1 of 7
$268,600
Sold on 11/05/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
10 |
0.00 |
0 |
$7,543.10 |
1999 |
On the market:
56 days
|
View full details, 15 photos, school info, and price history
High quality townhome complex in Mansfield. Desirable 4 unit building with strong returns. Great layout. Two 3 bedrooms, and two 2 bedrooms all handicap accessible. These units are always rented with long term tenants on a waitlist. They are high quality and cash flow beautifully. These units consistently bring in $2850/month. Tenant pays utilities. Over $33,000 in gross annual revenue, with an annual N.O.I of over 23k. Cap Rate is an attractive 8.3% Other quality units can be purchased in a much larger bundle. Cheap interests rates make it a great time to buy investments. Mansfield is a small community close to Champaign, with limited rental opportunities.
Listing courtesy of Nate Evans, eXp Realty,LLC-Mahomet