$185,000
$199,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
121 123 Arbor Lane Mattoon, IL 61938
2,264 SqFt
Key Details
Sold Price $185,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,264 sqft
Price per Sqft $81
Subdivision Lane Acres South
MLS Listing ID 12151660
Sold Date 10/04/24
Year Built 1996
Annual Tax Amount $4,094
Tax Year 2023
Lot Size 7,840 Sqft
Lot Dimensions 80 X 100
Property Description
Perfect for investors! This duplex in Mattoon's Lane Acres South is a fantastic income opportunity. Built in 1996, each unit offers 2 bedrooms, 1.5 baths, and a functional eat-in kitchen. Tenants enjoy single-car attached garages and small decks for outdoor relaxation. The property is well-maintained with brick, and vinyl siding, and each unit is equipped with modern appliances. With stable rental income, low maintenance costs, and a convenient location in a desirable subdivision, this is a smart addition to any portfolio. Tenants responsible for lawn care and snow removal.
Location
State IL
County Coles
Interior
Interior Features Pantry
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace N
Appliance Built-In Oven, Range, Dishwasher, Refrigerator, Disposal
Exterior
Garage Attached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 2, 2, 2
Others
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Kirk Swensen • Century 21 KIMA Properties