Expand your rental portfolio with 202 S Grove, a conveniently located 5-unit building near downtown Urbana. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the other three house long-term tenants. Tenants are responsible for individually metered electric and gas, with water, sewer, and heat covered by a monthly utility credit. Recent upgrades include a new efficient hot water radiant heat boiler. A new roof was installed in December of 2024! With R-4 zoning, this property offers immediate returns and significant potential for future development or renovation.
MLS# | 12162084 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1913 |
Days On Site | 132 |
Listing Provided By | KELLER WILLIAMS-TREC | Joe Zalabak |
Story(s) | 2 |
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Units | 5 |
Zoning | MULTI |
Acreage | 0.23 |
State | IL |
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County | Champaign |
City | Urbana |
Zip Code | 61802 |
Area | Urbana |
Listing VS Median (in 61802) | |
Price: $210,000 low | high Med: $319,900 On Site: 132 low | high Med: 122.000000 |