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2505 Pine Avenue Mattoon, IL 61938 Multi Unit - Multiple Contingent

  • 2505 Pine Avenue, Mattoon, IL 61938 Main Photo

Description

This is a portfolio sale that covers 13 parcels across Mattoon and Charleston with a mix of multifamily and single-family rentals. The package includes 22 multifamily units across two addresses plus 11 single-family homes ranging from duplexes to 3-, 4-, 5-, and 6-bedroom properties. All units are currently tenant-occupied and producing income, delivering an in-place 10 cap.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Coles
Listed By:
SVN | North Star 217-367-1700
MRED MLS
$1,999,000
Est. $13,342/mo
Contingent
BEDS0 BATHS MLS#12459016
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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2505 Pine Avenue, Mattoon, IL 61938.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,999,000$1,999,000$1,999,000
Down Payment $69,965$0$399,800
Monthly Mortgage Amount $12,085$12,573$9,977
Taxes $2782$2782$2782
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,199$0$0
Monthly Estimated Total $16,649$15,938$13,342

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