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$350,000
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Property Description
Don't miss out on this incredible investment opportunity! This fully leased 4-plex is a gem waiting for you. Consisting of two first-floor units and two second-floor units, each apartment has undergone recent updates, resulting in increased rental income. Conveniently situated in a central location, this property boasts easy access to multiple bus stops, making transportation a breeze for tenants. Additionally, off-street parking in the rear provides added convenience and peace of mind. The owner takes care of trash and sewer expenses, while tenants are responsible for water, power, and gas bills. Furthermore, this property allows for Airbnb/short-term rentals, offering even greater income potential. With its prime location, updated units, and solid rental history, this 4-plex presents a fantastic opportunity for savvy investors. Don't wait, seize this chance to add a lucrative asset to your portfolio!
Full Property Details
Full Property Details for 801 Hollycrest Dr
General
- Sold For: $350,000
- Taxes: $5,672 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12009145
- Added to Site: 732 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: School Bus Service, Commuter Bus
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 5
- Parking Features: Unassigned, Off-Alley
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Champaign, Savoy
- County: Champaign
- Subdivision: Stonegate
- Driving Directions: John St. South on Hollycrest
School Information
- School District: 4
- Midd School District: 4
- Elementary School: Champaign Elementary School
- Middle School: Champaign Junior High School
- High School: Champaign High School
- Private School: Champaign High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick, Vinyl Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1971
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 65 x 110
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $5,672.9
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 442015276019
Listed by Trautman Real Estate Agency & Appraisal LLC
Sold by Trautman Real Estate Agency & Appraisal LLC
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Schools
Schools serving 801 Hollycrest Dr
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Centennial High School 913 Crescent Drive, Champaign, IL 61821 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 801 Hollycrest Dr
Date
Details
Price
Change
Source
5/30/2024
Sold
$350,000
—
MLS
3/20/2024
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
801 Hollycrest Drive, Champaign, IL 61821 (MLS# 12009145) is a Multi-Family property that was sold at $350,000 on May 30, 2024. Want to learn more about 801 Hollycrest Drive? Do you have questions about finding other Multi-Family real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.
