Property is approx. 29ac and consists of 38 recorded single family home lots ranging in size from .60ac to .97ac and 2 common park lots. Located just 1.5mi North Urbana and aprox. 1mi from public water and sewer. Property was subdivided in 1952 and site plan will likely require some updates to meet current codes. Zoned R1 Low Density Residential. Site is wooded and offers a gentle slope.
The approximate monthly Principal & Interest payment for this property would be $14,515. This payment is based on a 30-year loan at a fixed rate of 4.32 % with a down payment of $325,000. Actual lender interest rates and loan programs may vary.
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