Located at 103, 105 & 107 Kagay Ave in Effingham, IL, this unique investment opportunity offers the potential to purchase three properties for under $110,000! The existing home at 103 Kagay Ave is a livable 3-bedroom home situated on approximately .23 acres, featuring front and back enclosed porches, a detached one-car garage, main road access in the front, and alley access in the back. The home could use some TLC, including updates to the flooring, paint, and cabinets, but you can live in the home while making improvements. It also features a newer exterior central A/C unit and furnace. In addition to the home and garage, the two adjacent lots—one west of the home and one east of the garage—are available individually or potentially all together, creating an exciting opportunity for future development. With the potential to add two smaller homes, these additional lots could provide the opportunity to expand your rental portfolio and generate additional income. Whether you're looking for a starter home, rental property, or a property with room to grow, this one deserves a closer look! Bring your vision and your investment mindset!