2516 Pine Ave Mattoon, IL 61938

Built in 1907, this solid and largely livable home features approximately 2,110 sq ft of living space on a 3,049 sq ft lot, located just one mile from historic Cunningham Park in Mattoon. Currently configured as a 2-bed/1-bath, the layout has strong potential to expand to 3 or 4 bedrooms - the upstairs flex room features a window with ample space to add a closet, and the unfinished basement with an existing window presents additional bedroom conversion potential. Unlike a full gut rehab, this property has functioning power, water, a working kitchen, and a full bathroom already in place. Primary repair items include a new roof, front and back porch repair, and select brick repair, among others. Existing plumbing also presents the opportunity to support a second bathroom, further increasing both resale and rental value. This property is priced firmly at $39,000 and reflects the significant work and process already completed on behalf of the next owner - including a fully completed extensive interior and exterior cleanout of a prior hoarder property and full legal occupancy resolution - giving the next owner a true head start with no hidden expenses already waiting for them. Located minutes from downtown, schools, shopping, and local amenities. Sold AS-IS. Serious inquiries only. Don't miss this high-upside investment opportunity.