801 West Nevada Street

Urbana IL 61801

3687 sq. ft.

0.21 ac.

Single-Family

Currently for sale - view listing

Overview

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