Discover a prime investment opportunity with this multifamily property located within walking distance of Millikin University. Boasting 18-bedrooms : 16 tenant bedrooms fully furnished with queen and/or twin bed, mattress and dresser. 2 of the bedrooms with full baths used for facility director located on main floor. 4.5 tenant bathrooms-all full baths have showers and were remodeled in the last 3 years. Spread across 4 floors , this versatile property is designed for optimal functionality . The lower level features a spacious kitchen, laundry, dining room, social space, and a 1/2 bath, perfect for communal living and gatherings. Additionally, two of three other floors are equipped with convenient kitchenettes, adding flexibility to the living arrangements. With the convenience of on-site laundry facilities, this property ensures a hassle-free living experience for residents. The strategic location offers proximity to Millikin University, making it an attractive option for students seeking comfortable, nearby housing. 1st floor- 3 bedrooms, 1 of the bedrooms has ensuite, 1 shared full bath, separate 2 bedrooms for director quarters with each their own bathroom. . open social area and kitchenette 2nd floor -8 bedrooms 2 baths kitchenette and social gathering area 3rd floor- 5 bedrooms and large deck for outside social gathering key fob entry access 9 parking spaces Investors, seize the opportunity to capitalize on the growing demand for student housing in this vibrant university town. Explore the potential for consistent rental income and long-term returns with this multifamily gem. Don't miss out on this chance to make a wise investment in the heart of Decatur, located in the well sought after west end neighborhood. Schedule a viewing today and unlock the doors to a promising venture in real estate.
West End Historic District, located between Millikin University and downtown Decatur, is a historic and residential Decatur neighborhood with tree-lined streets and early-20th-century architecture. The district reads as a catalog of Craftsman bungalows, Tudor Revival details, and broad front porches set behind mature canopy trees. The neighborhood’s character concentrates around the Millikin University campus edge, where brick academic buildings and shaded sidewalks set a collegiate cadence. Kirkland Fine Arts Center anchors the cultural calendar with performances and exhibitions. Nearby, the Decatur Area Arts Council adds gallery energy and community programming. Pocket parks and walkable blocks keep daily routines grounded in the streetscape.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Finished full basement
Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
Kitchen
Microwave, Range, Range Hood, Dishwasher, Refrigerator
Laundry & utility
Washer and Dryer
Gas water heater
Heating & cooling
Hot water heating
Zoned heating
Central air
Window unit(s)
Exterior features
Gravel road access
R-6 zoning
Home design
Multi-family residential income property
Three or more levels (3 stories)
Security
Security system
Fire sprinkler system
Smoke detectors
Construction
Brick construction
Shingle roof
Utilities
Public water
Public sewer
Financial info
Annual tax amount reported
Electricity and solar
View estimated energy costs and solar savings for this home