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205 S 6TH Street, Mt Vernon, IL 62864

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For Sale

$435,000

9,300 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $46.77
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# EB458966

Courtesy Of Rod Snow Real Estate

(618) 532-7366

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Vinyl Siding
  • Heating System
    Forced Air

Map and Directions

Directions to 205 S 6TH Street, Mt Vernon, IL 62864

Home seller CENTURY 21 All Pro Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 All Pro Real Estate

(618) 242-9850
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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