705 W California Avenue

Urbana, Illinois 61801
Closed / MLS #11761583 / Multiple Unit (2-4) / Urbana
Listing information updated 6/9/2023 at 3:03pm
The next addition to your rental property portfolio is 705 W California Ave, Urbana. This multifamily home consists of three units: a recently remodeled first-floor 1 bedroom apartment that rents for $750, another first-floor one-bedroom apartment rented for $625, and the third unit features five bedrooms, with a large kitchen and a common bath. Each of these bedrooms rents individually for $400 per month, and there are currently only two vacant bedrooms. Talk about cash flow with potential gross rents of $3375 monthly or more! Owner pays most utilities and newer leases have tenant billback. Located 1.5 blocks from the University of Illinois, this property is priced to sell in AS-IS condition! Hurry!

Full Features

Exterior Type:
Brick,Other
Basement:
Unfinished
Beds Above Grade:
7
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Parking Type:
Space/s - Off Street
Parking Spaces:
6
Room Count:
11
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.14

Taxes & Assessments

Tax Amount:
$8,638
Tax Year:
2021

Location

Zip Code:
61801
City:
Urbana
County:
Champaign

Schools

School District(s):
116
Elementary School:
Leal Elementary School
Middle School:
Urbana Middle School
High School:
Urbana High School

Listing Office: KELLER WILLIAMS-TREC

Listing Office Phone: 217.356.6100

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/9/2023 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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705 W California Avenue is a multiple unit (2-4) which sold for $238,000. 705 W California Avenue features 7 Beds, 3 Baths, 1 Half Bath. This multiple unit (2-4) has been listed on @properties since April 17th, 2023 and was built in 1893. Nearby schools include Leal Elementary School, Urbana Middle School, and Urbana High School.