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$875,000

Discover the possibilities with this classic old farmhouse situated on just over 60 acres of beautiful countryside. Offering the space, privacy, and character that are becoming harder to find, this property is a great opportunity for anyone looking for a country home, working farm, recreational retreat, or acreage to make their own. The farmhouse offers plenty of old-home charm and character and is ready for its next owner to bring their vision and personal touches. With more than 60 acres, there's room for farming, livestock, hunting, recreation, or simply enjoying the peace and quiet of country living. The property also features multiple barns that are all attached and grain storage bins, adding tremendous value and versatility to the acreage. The barns provide plenty of space for farm equipment, livestock, hay, storage, or a workshop, while the grain bins offer additional agricultural storage for anyone looking to continue or expand a farming operation. With the combination of just over 60 acres, existing barns, grain storage, and a classic farmhouse, this property has the foundation for a working farm, family homestead, or recreational country property. Farm ground occupancy will be after current crops are down. New survey has been completed and will be one parcel with just over 60 acres.

3 Beds ⋅ 1 Baths ⋅ 1048032 MLS

3517 Kizer Rd, Urbana

$809,900

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.

14 Beds ⋅ 12 Baths ⋅ 1047199 MLS

620-672 Hagenbuch St, Urbana

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