Champaign Homes with Apartment Property SubType

Welcome to Champaign County, Ohio, where the charm of small-town living meets the vibrancy of community spirit! Nestled in the heart of the Buckeye State, Urbana serves as the county seat and offers a delightful blend of historical significance and modern amenities. With its picturesque landscapes, friendly neighborhoods, and rich cultural heritage, Champaign County is the perfect place to call home.

One of the most appealing property options in this area is the homes with apartment property subtype. These unique residences provide an incredible opportunity for homeowners looking to maximize their investment. Imagine living in a beautiful house while simultaneously generating rental income from a separate apartment unit. Whether you’re a seasoned investor or a first-time homebuyer, these properties offer flexibility and financial potential.

Champaign County boasts a variety of homes with apartment configurations, catering to diverse lifestyles and needs. From charming historic homes to contemporary builds, you’ll find options that suit your taste and budget. The added benefit of having an apartment allows for multi-generational living, guest accommodations, or a dedicated workspace—all while enjoying the comforts of your own home.

In Urbana, you'll find a welcoming community with access to parks, local shops, and excellent schools, making it an ideal setting for families and individuals alike. The county's rich agricultural roots and vibrant festivals further enhance the appeal of living here.

Explore the possibilities that await you in Champaign County, where your dream home with an apartment could be just around the corner! Embrace the lifestyle and investment potential that this wonderful area has to offer.

Newest Champaign Homes with Apartment Property SubType

$1,250

2 Beds ⋅ 2 Baths ⋅ Catherine A Burner

203 E Reynolds Street E 207 Unit 207, Urbana

Listing Courtesy of : Catherine A Burner ---- Ardent Realty

$809,900

⋅ V. Patrick Hamilton

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.

620-672 Hagenbuch Street, Urbana

Listing Courtesy of : V. Patrick Hamilton ---- REMAX Alliance Realty

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