$170,000 1912 Southwood Drive, Champaign
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Property summary

1912 Southwood Drive, Champaign, IL

$170,000
Bedrooms 4
Bathrooms 1 Full
Finished Sq. Footage 1,225
Main Level Sq. Footage 1,225
Year Built 1958
Lot Size 50.19 X 125 X 50.19 X 125
Days On Market 3 New Listing!

About this home

Add this well-maintained 4-bedroom investment property to your portfolio and enjoy immediate rental income from a long-term tenant with a strong occupancy history. The home has been thoughtfully updated and has demonstrated consistent rental performance, making it an attractive option for both seasoned and first-time investors. Property is being offered in conjunction with 7 Villard Court (MLS 12680370). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller's 1031 exchange requirements. Whether you're looking to expand your rental portfolio or secure a cash-flowing asset, this property presents an excellent opportunity with stable income already in place. Tenant pays $1600 per month, has been in place for 4 years, and will be month to month starting in July. Tenant covers all utilities except sewage ($75 every 2 months). Last year, owner replaced water heater, furnace, and sewer lines.

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Amenities & features

  • Property type: Detached Single
  • Style: 1 Story
  • Approximate age: 61-70 Years
  • Parking: Gravel
  • 2 parking spaces
  • Parking included: Yes
  • HVAC: Natural Gas / Central Air
  • Primary bedroom: Main; Carpet; 21X11
  • Exterior: Aluminum Siding, Vinyl Siding
  • Water/sewer: Public / Public Sewer
  • Lot: Less Than .25 Acre
  • Ownership: Fee Simple
  • Laundry: N/A
MLS disclaimer
Listing Agency: The Real Estate Firm LLCBroker reciprocity
$170,000 1912 Southwood Drive, Champaign