1103 6Th St Charleston, IL 61920
- Small apartment buildings
- 0.30 lot acres
Current Use by Public Records
- Small apartment buildings
Property Details for 1103 6Th St
- Lot size
- 0.30 lot acres
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity in Charleston, Illinois, presents two income-generating properties ideally situated near Eastern Illinois University. The 0.3-acre lot encompasses two buildings. The first building is a well-maintained three-bedroom, one-bathroom unit featuring a practical layout and a sizable parking area. The second building offers more spacious accommodations with four bedrooms and two bathrooms, incorporating modern amenities. Both properties boast a proven track record of consistent rental income, ensuring a reliable cash flow stream for the investor. The combined properties represent a compelling investment in a highly sought-after location, benefiting from the proximity to the university and its student population. The asking price for this multifamily property is $170,000. This is a rare chance to acquire a turnkey investment property with immediate income potential in a thriving market. The property is classified as both multifamily and commercial, and is specifically categorized as a duplex/triplex/quadruplex. The address is 1103 & 1105 6th St., Charleston, IL 61920, located in Coles County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Coles
- State
- Illinois
- Longitude
- -88.1748955
- Latitude
- 39.4871024
