205 S 6TH ST Active

Mt Vernon,IL 62864

$ 435000

- Bed

- Bath

9300 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 9,300 sqft

Price per Sqft $46

MLS Listing ID EB458966

Maintenance Fees $1,500

Year Built 1930

Annual Tax Amount $8,799

Tax Year 2023

Lot Dimensions irregular

Property Sub-Type Residential Income

Source rmlsa

Property Description

Multi-Building investment opportunity!! Fully occupied and income generating! Here's your chance to own a rare multi-property portfolio in Jefferson County, combining three buildings into one solid investment. Building 1 (205 S 6th)- Located just off the main road in Mt Vernon, this all brick, two story complex features 5 fully occupied 1 bedroom, 1 bath units. Solid construction, desirable location and consistent rental history makes this an attractive asset. Building 2 (601 Broadway)- A spacious 2 story home also in Mount Vernon offering 3 bedrooms, 1 full bath and 3 parking spaces. This single family home is currently occupied and adds diversity to the rental mix. Building 3 (606 Main)- Located in Woodlawn, this building includes 4 updated units, each offering 3-4 bedrooms and 1 full bath. Plus one of the units is leased to the Woodlawn Post Office, providing stable commercial income. All units are currently rented. Whether you're expanding your portfolio or entering the investment space, this unique grouping of residential and commercial rentals offers steady cash flow, tenant stability, and long-term potential.

Location

State IL

County Jefferson

Area Ebor Area

Direction Travel East on Broadway in Mount Vernon. Turn South on 6th street. 2 buildings are on corner of 6th and Broadway. Woodlawn- travel East on N Main. Building is on left right before Newell Furniture.

Rooms

Basement Partially Finished

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace N

Exterior

View true

Roof Type Shingle

Total Parking Spaces 15

Garage 1

Building

Lot Description Corner Lot,Other

Faces Travel East on Broadway in Mount Vernon. Turn South on 6th street. 2 buildings are on corner of 6th and Broadway. Woodlawn- travel East on N Main. Building is on left right before Newell Furniture.

Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"1\",\"UnitTypeActualRent\":1200,\"RMA_NumberParking\":\"3\",\"RMA_NumberUncovered\":\"3\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1395190Group_1\"},{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1395190Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1395190Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1395190Group_4\"}]

Water Public Sewer,Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

High Schools Mt Vernon

Others

Tax ID 0729382009

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