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2516 Pine Avenue, Mattoon, IL 61938

$42,000
  • 2516 Pine Avenue, Mattoon, IL 61938 Main Photo

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Active
BEDS2 BATHS1 full SQUARE FEET2,110 MLS#12585954
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

High-Upside Investment Opportunity | 2BR/1BA | 2,100+ Sq Ft | 3-4BR Potential | Mattoon, IL. Attention investors and rehab buyers-this value-add opportunity is ready for its next owner. This spacious 2BR/1BA home features approximately 2,100 sq ft of living space (buyer to verify), providing a large footprint at an attractive price point with strong upside potential. The property has already been fully cleared inside and out, with eviction completed-saving significant time, cost, and effort for the next investor. The upstairs already has an existing window, making bedroom conversion straightforward. The unfinished basement provides additional usable space with a window already in place, presenting potential for a 4th bedroom (buyer to verify). The home currently has one bathroom on the main level, with existing plumbing that may support adding a second bathroom-enhancing both resale value and rental potential. With approximately 2,100 sq ft, this property is larger than many comparable homes in the area, allowing multiple exit strategies including resale or rental. Recent comparable 3-4 bedroom homes have sold in the $175,000-$210,000 range; buyer to verify comps. Interior and exterior cleanout completed. Property secured. Ready for rehab. Clear title. Fast and easy closing. Easy to show. Sold AS-IS. Quick close available. Buyer to perform all due diligence. Serious inquiries only.

2516 Pine Avenue | MLS# 12585954

This single family home located at 2516 Pine Avenue, Mattoon, IL 61938 is currently listed for sale with an asking price of $42,000. This property was built in 1907 and has 2 bedrooms and 1 full baths with 2110 sq. ft. Search Mattoon real estate on www.bhhscrosby.com today.

Property Features

Property Type: Residential - Single Family
Basement: Unfinished, Full
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.07 Acres
Roof Type: Shake
Taxes: $1,543
Year Built: 1907

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Frame
Lot Dimensions: 300x100
Parcel#: 07211009000
Sewer: Unknown
Total Rooms: 6
Township: Coles County
Water: Public

Room Sizes

Bedroom 2: 12X11
Dining Room: 18X12
Family Room: 20X13
Kitchen: 15X8
Laundry: 15X14
Living Room: 20X15
Primary Bedroom: 15X12

Listed By / Shown By

Listed By

Agency Name: Beycome brokerage realty LLC
Agency Phone: 804-656-5007

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Estimated Payment

$ 234.31 per month $93.47 Principal & Interest $128.58 Property Tax $12.25 Homeowner's Insurance

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