2516 Pine Avenue, Mattoon, IL

About 2516 Pine Avenue

ATTENTION EXPERIENCED INVESTORS - MATTOON, IL | PRICED TO SELL AT JUST $33,000. Priced to sell at just $33,000 ($15.64/SF), this 2,110-square-foot, 1910-built home features an attractive value-add opportunity for an experienced investor. Sold AS-IS. This fixer-upper is best suited for an experienced investor who has experience renovating and repositioning homes and recognizes the potential to create value through improvements. The home features 2 bedrooms, 1 bathroom, a full basement with windows, and a generously sized upstairs flex room with a window, offering potential to add a closet and create a third bedroom. The flexible layout may also allow for a 4-bedroom, 2-bathroom configuration, potentially increasing rental and resale appeal. This property presents significant upside potential for the right buyer willing to invest in updates and improvements. Potential strategies include renovation and resale or long-term rental. The heavy lifting has already been done: the property is vacant, the eviction process is complete, and interior and exterior cleanout is finished. Title is clean and insurable and ready for its new owner. Easy Show Easy Close.

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