Investor opportunity with built-in flexibility! This well-maintained 4-bedroom home offers immediate cash flow with a reliable long-term tenant who has occupied the property for the past nine years. Currently rented for $1,600 per month, the lease transitions to month-to-month in July, providing the flexibility to continue as an investment or make the home your own. The property has been well cared for and features numerous recent capital improvements, including a new furnace, water heater, and sewer line replacement completed within the past year-helping minimize near-term maintenance expenses. The tenant pays all utilities except sewer, which averages approximately $75 every two months. Whether you're expanding your investment portfolio or searching for a future owner-occupied home with rental income in place until you're ready to move, this property offers a rare combination of stable cash flow, major mechanical updates, and occupancy flexibility.
Listed By
Agency Name: The Real Estate Firm LLC
Agency Phone: 217-493-0545
Shown By
Agent Name: Bob Grzelak
Agent Phone: (815) 978-1279
Agency Title: Dickerson & Nieman Realtors
Estimated Payment
$ 508.59 per month $344.96 Principal & Interest $118.42 Property Tax $45.21 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1912 Southwood Drive | MLS# 12680278
This single family home located at 1912 Southwood Drive, Champaign, IL 61821 is currently listed for sale with an asking price of $155,000. This property was built in 1958 and has 4 bedrooms and 1 full baths with 1225 sq. ft. Southwood Drive is located within the District 4 school district. Search Champaign real estate on bobgrzelak.dickersonnieman.com today.