Skip To Content

1825 Maple Avenue

Mattoon, IL 61938
  • $45,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 6230660
$45,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,668
    SQFT
  • $27
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1902
County:
Area:

School Ratings & Info

School District:

Description

Investment Opportunity: Dual-Income Cash Flow Generator! Discover the potential of this income-producing rental property featuring not one, but two homes on a single lot! With a total monthly income of $1100, this property is a cash flowing machine for savvy investors. The front ranch style home is boasts 2 bedrooms and a jack and jill bathroom, accompanied by a spacious kitchen. Though it requires foundation attention, the property is currently leased on a month-to-month basis, generating $500 in monthly rent. The second home, located at the rear of the lot, is an apartment perched atop a garage. This 1-bedroom unit is currently rented for $600 until July 2024, providing a stable income stream. Whether you're looking to diversify your investment portfolio or capitalize on a dual-income property, this offering presents a unique opportunity. Act now and step into the world of passive income with this two-for-one deal! Don't miss out on the potential of this cash flow gem!

Monthly Payment Calculator



© 2024 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2024-03-01T00:27:44.493.
www.mainplace.us/homes/146407346
Print Image

1825 Maple Avenue Mattoon, IL 61938

  • Price: $45,000
  • Status: Active
  • On Site: 56 Days
  • MLS #: 6230660
3
Beds
2
Baths
0
½ Baths
0.16
Acres
1,668
SQFT
$27
$/SQFT
1902
Built
Neighborhood:
Mattoon
County:
Coles
Area:
Mattoon
School District:
Mattoon Dist. 2
Property Description
Investment Opportunity: Dual-Income Cash Flow Generator! Discover the potential of this income-producing rental property featuring not one, but two homes on a single lot! With a total monthly income of $1100, this property is a cash flowing machine for savvy investors. The front ranch style home is boasts 2 bedrooms and a jack and jill bathroom, accompanied by a spacious kitchen. Though it requires foundation attention, the property is currently leased on a month-to-month basis, generating $500 in monthly rent. The second home, located at the rear of the lot, is an apartment perched atop a garage. This 1-bedroom unit is currently rented for $600 until July 2024, providing a stable income stream. Whether you're looking to diversify your investment portfolio or capitalize on a dual-income property, this offering presents a unique opportunity. Act now and step into the world of passive income with this two-for-one deal! Don't miss out on the potential of this cash flow gem!
Exterior Features

Architectural Style Other Attached Garage YN Yes Construction Materials Block Vinyl Siding Wood Siding Foundation Details Basement Garage YN Yes Levels One Parking Features Attached Garage Road Surface Type Gravel Roof Asphalt Waterfront YN No

Interior Features

Above Grade Finished Area 1668 Appliances Gas Water Heater Range Refrigerator Basement Unfinished Partial Basement YN Yes Below Grade Finished Area 0 Cooling Window Units Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Gas Heating YN Yes Interior Features Main Level Primary Laundry Features Main Level Rooms Total 10

Property Features

Possession Closing Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 793 Tax Legal Description PARK PLACE BLK 3 LOT 10 NW 1 /4 SEC 24 T12 N R07 E Tax Year 2022 Water Source Public Zoning RES

Listing information © 2024 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Paul D Ellermets of Century 21 KIMA Properties: 217-258-6621.


© 2024 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2024-03-01T00:27:44.493.
 
https://bt-photos.global.ssl.fastly.net/cibr/orig_boomver_1_6230660-2.jpg https://bt-photos.global.ssl.fastly.net/cibr/orig_boomver_1_6230660-2.jpg https://bt-photos.global.ssl.fastly.net/cibr/orig_boomver_1_6230660-2.jpg
Logo
Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523