704 W Stoughton St
- 8 Unit Multifamily Investment
- All 1 Bedroom and Studio Units
- Located Near Campus to Cater to Student and Non-Student Residents
- Strong Rental History
Property Description
Presenting an exceptional Multifamily investment opportunity. This property features eight units, including four 1-bedrooms and four studios offering a versatile and promising investment option. With a strategic location in Urbana and great rental history, this multi-unit building provides abundant potential for steady rental income. The property's well-designed layout and ample units cater to the demands of tenants seeking both comfort and convenience. Only one vacant unit out of the 8 while the rest are leased through August 2026.
Broker Details
Ramshaw Real Estate 217-359-6400
MLS ID: 950244 State License Number: 475181066
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $950,000 |
| No. of Units: | 8 |
| Opportunity Zone: | No |
| Price per unit: | $118,750 |
| Property Website | Click Here |
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