An attractive opportunity for investors, this fully managed multi-family property combines vintage charm with consistent cash flow. Consisting of two 2-story duplexes on a corner lot, providing tenants with comfortable living spaces featuring hardwood floors, large windows, and practical kitchens. This duplex built in 1907 at 1218 S 16th is an upstairs 2 bed 1 bath unit , while 1220 S 16th is a 2 bed, 1 bath ground floor unit. The duplex at 1514 and 1512 Oklahoma was built in 1942. Each are ground-floor units with living room, eating area, and kitchen on the main level, bedrooms and baths are upstairs. Both buildings offer two washer dryer hookups. Located in a residential neighborhood close to downtown amenities. This property provides the convenience of off-street parking and easy access for tenants. Whether you’re seeking to expand your portfolio or invest in a low-maintenance asset, this property delivers both value and potential for growth.
MLS# | 6243700 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1907 |
Days On Site | 12 |
Listing Provided By | Coldwell Banker Classic Real Estate | Thomas Hildebrand |
SQ Feet | 3,598 |
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Basement | Y |
Story(s) | 2 |
Units | 4 |
Zoning | R-1 |
Acreage | 0.16 |
State | IL |
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County | Coles |
City | Mattoon |
Zip Code | 61938 |
Community Name | Noyes 4th Add |
Listing VS Median (in Noyes 4th Add) | |
Price: $182,000 low | high Med: $182,000 SqFt: 3,598 low | high Med: 3,598 $ / SqFt: $51 low | high Med: $51 On Site: 12 low | high Med: 12.000000 |