N OF US 36 AND W OF US 68 Homes with 1104 Urbana CSD School district

N OF US 36 AND W OF US 68 Homes with 1104 Urbana CSD School district

Welcome to Urbana, Ohio! Located in Champaign County, Urbana is a charming city nestled in the heart of the state. Situated just north of US 36 and west of US 68, this region offers a peaceful and picturesque setting for those looking to settle down.

One of the highlights of Urbana is the excellent school district. Homes within the 1104 Urbana CSD School district are highly sought after by families who prioritize quality education for their children. With a reputation for academic excellence and a commitment to student success, this district provides a nurturing environment for students to thrive.

When it comes to real estate in Urbana, you can expect a variety of options to suit your needs. From cozy single-family homes to spacious estates, there is something for everyone in this vibrant community. The housing market offers a mix of historic properties with character and modern homes with all the conveniences you desire.

Urbana boasts a thriving downtown area with local shops, restaurants, and community events that bring residents together. The city also offers plenty of outdoor recreational opportunities, with parks, trails, and golf courses nearby.

Whether you're a first-time homebuyer or looking to upgrade to a larger space, Urbana has a lot to offer. With its prime location, excellent schools, and a welcoming community, it's no wonder why so many people are choosing to call Urbana home.

Newest N OF US 36 AND W OF US 68 Homes with 1104 Urbana CSD School district

$809,900
14 Beds 12 Baths 1047199 MLS
This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7,232 square feet of living space and generates a rental income of $8,675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6,100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors. Please allow a minimum of 48 hours for showing requests.

620-672 Hagenbuch St, Urbana

Start Your Search