[Address Hidden by Seller], Champaign, IL 61820

[Address Hidden by Seller], Champaign, IL 61820
Photo 1 of 1
$50,000
Sold on 9/02/08
Beds Baths Sq. Ft. Taxes Built
2 1.00 1,075 $1,151 1934
On the market: 195 days
View full details, 15 photos, school info, and price history
Investors... this one is too easy. Investment property leased to the same tenant for over 10 years - Immediate positive cash-flow! Current 1-yr lease is at $725 per month. Gross rent multiplier of just x6.3 (and with a Champaign 'Grid 43' location too!) Very functionable property w/low maintenance vinyl siding, modern furnace and central air (98' and 99'), detached garage, covered porch, very serviceable property for an excellent investment return. Priced for an immediate and clean-cut sale but only to pre-approved or cash buyer and as-is at this price. Kitchen appliances included, copy of lease available. Room sizes approx. House is messy, but the money keeps coming in! Great positive & instant cash-flow opportunity!
Listing courtesy of Bradley Coats, RE/MAX REALTY ASSOCIATES-CHA