N OF US 36 AND W OF US 68 Homes with Crawl Space Basement

N OF US 36 AND W OF US 68 Homes with Crawl Space Basement

Welcome to Urbana, a charming city located in Champaign County, Ohio. Situated just north of US 36 and west of US 68, this region offers a wonderful blend of natural beauty, small-town charm, and convenient amenities.

Urbana is a vibrant community that boasts a rich history and a strong sense of community. The city is known for its beautiful parks, including Melvin Miller Park and Urbana City Park, which offer plenty of outdoor recreational opportunities such as walking trails, picnic areas, and sports fields.

If you're in the market for a home with a crawl space basement, you're in luck. Urbana has a variety of properties that feature this type of basement. Crawl space basements are a popular choice among homeowners as they provide additional storage space and easy access to plumbing and electrical systems.

When it comes to real estate in Urbana, you'll find a range of options to suit different preferences and budgets. From cozy bungalows and historic homes to modern townhouses and spacious family residences, there's something for everyone.

Living in Urbana means enjoying a peaceful and close-knit community while still having access to all the amenities you need. The city offers a range of shopping and dining options, excellent schools, and a thriving arts and culture scene.

If you're considering making Urbana your home, now is a great time to explore the available real estate options. Don't miss out on the opportunity to find your dream home in this picturesque region of Ohio.

Newest N OF US 36 AND W OF US 68 Homes with Crawl Space Basement

$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

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