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801 W Nevada Street Urbana, IL 61801 Residential - Single Family Active

  • 801 W Nevada Street, Urbana, IL 61801 Main Photo

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Description

Tons of space in an incredible location, just a few minutes' walk from campus! This home has a whopping 11 bedrooms, 3.5 bathrooms (with the potential for 2 additional bedrooms with a little bit of TLC) and has the potential to be a fantastic campus investment property. It is currently set up as a single family home, but could easily be divided up to create multiple units. It would make a great house for a fraternity or sorority as well. Currently, it is leased for $4500 per month with tenants paying all utilities until July 2026, making it available for new tenants in time for the Fall school year. Mechanicals and roof are all approximately less than 10 years old and there is a detached two car garage. With a little bit of work, this home is set to be a cash flowing machine

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 3,687
Garage Size: 2
Built in 1913
Elementary School: Urbana Elementary School
High School: Urbana High School
Middle School: Urbana Middle School

General Information

Bedrooms: 12
Bathrooms: 4
Sqft: 3,687
County: Champaign
High School: Urbana High School
Listed By:
Nate Evans Group 217-239-7113
MRED MLS

Room Information

Bedroom 5: 17X13
Bedroom 6: 13X13
Bedroom 7: 13X12
Bedroom 8: 13X12
Bedroom 9: 13X17
Bedroom 10: 11X13
Bedroom 11: 12X13
Bedroom 12: 11X10
Bedroom 2: 13X13
Bedroom 3: 8X15
Bedroom 4: 13X10
Dining Room: 13X15
Family Room: 13X15
Kitchen: 20X10
Laundry: 5X3
Living Room: 13X16
Primary Bedroom: 14X17
$395,000
Est. $2,636/mo
12beds
4baths
3,687sqft
2cars
Active
BEDS12 BATHS3 full 1 partial SQUARE FEET3,687 MLS#12678649
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 116

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801 W Nevada Street, Urbana, IL 61801.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $395,000$395,000$395,000
Down Payment $79,000$13,825$98,750
Monthly Mortgage Amount $1,971$2,388$2,460
Taxes $550$550$550
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$174$0
Monthly Estimated Total $2,636$3,227$3,125

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