125-131 S Sangmon Street, Lincoln, IL 62656
investors dream come true.10.4% cap rate! An elegant,beautifully designed townhouse plus collect rent on other 8 units.This apartment complex located in historic downtown Lincoln just 2 blocks off the square. Townhouse is 4400 square feet of beauty with 2 fireplaces.it features an open living concept with living room with amazing fireplace dining room and kitchen in one large space. Featuring 3 bedrooms.master bedroom large with 2 large closets and a master bath.It also has a 1/2 bath and a separate tub and shower room.Family room is nice and cozy with steps down to library with fireplace and back entryway to parking .There is also a working electric elevator in townhouse .This property has a lot of charm The 8 furnished apartments all vary in sizes designs and electric or gas heat.Tenants pay own heat and electric bill.Tenants also pay surcharge for trash,sewer and water.Parking lot with 15 cars capacity is in rear of building for tenants.Property has a full basement with lots of room for storage or work shop area.Additional storage space on main level too .