705 W Main St
- 12 Unit Multifamily Investment Opportunity
- 19 Bedrooms Leased By the Bedroom
- Fully Leased Through August 2026
Property Description
Presenting a prime opportunity for Multifamily investors! This building includes 12 units, offering a diverse mix of rental options, including one 4-bedroom unit, one 3-bedroom unit, two 2-bedroom units, three 1-bedroom units, and five studios totaling 19 bedrooms. The property is leased by the bedroom and is fully leased through August 2026. With its varied unit sizes and configurations, this property provides a versatile and promising investment prospect. The strategic location in Urbana ensures the potential for steady rental income and a diversified portfolio.
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: | $1,350,000 |
| No. of Units: | 12 |
| Lot Size: | 0.40 Acres |
| Opportunity Zone: | No |
| Price per unit: | $112,500 |
| Property Website | Click Here |
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