For Sale
$170,000

1103 6Th St Charleston, IL 61920

Two-building rental property near EIU. High cash flow potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Property Details for 1103 6Th St

Property type
Land, Apartment buildings
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Charleston
County
Coles
State
Illinois
Latitude
39.4871024
Longitude
-88.1748955

FAQs

What type of property is this?
Land - Two-building rental property near EIU. High cash flow potential.
Where is the land located?
The property is located at 1103 6Th St Charleston, IL.
What is the asking price?
The asking price for this property is $170,000.
How can I contact the broker?
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1103 6Th St
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