USAILMattoonOriginal Town1900 Champaign Ave
1900 Champaign Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Mattoon IL | Image 1
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$175,000

1900 Champaign Ave, Mattoon, IL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $4,192
Days Active 146
Lot Size 
Approx. Age 1953
MLS® Number 6250854

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Bring your tools. This original 8-unit apartment building is an excellent opportunity for investors looking for strong returns. With rising rental demand in our community, this property is set to deliver a high ROI, once all the units are fully updated. When fully renovated the potential annual income could easily be over $70, 000. This property will cash flow for a savvy investor. The property comes with a garage for storage and an easily accessible basement for more storage. There are already many building materials purchased for this property that will go with the building. This investment property has 8 units ready for your special touch. The return on investment will be good when every unit is fully remodeled. The After Repair Value (ARV) will be $360, 000. The roof has been replaced and a few units have all new electrical. There is great value in this property. Selling 2 parcels together (the building and the vacant lot next to it) 07-1-03258-000; 07-2-10035-000.Show Description
MLS® Number6250854
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1953
BasementUnfinished
Driveway
Garage Spaces
HeatDuctless, Wall Furnace
A/CDuctless
Heating Fuel

Extras

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