513 N 3rd St, Effingham, IL 62401

Welcome to this fantastic upstairs-downstairs duplex, located in the heart of Effingham. Whether you're an investor looking for a solid return or a homeowner seeking rental income potential, this property offers both. With a remarkable 9% Cap Rate, it's an excellent addition to your investment portfolio, or a creative way to reduce your primary homes mortgage expense. Upstairs Unit: - Charming 2-Bedroom 1 Bathroom layout - Cozy living room with plenty of natural lighting - Gorgeous original woodwork around doors and trim - New LVP in 2022 - Current Rent $1,550 Fully Furnished Downstairs Unit: -Spacious 2-Bedroom 1 Bathroom Layout -Formal Dining Room -Modern Kitchen with Granite Countertops -Updated Bathroom with His and Hers Sinks -Cozy Sunroom -Gorgeous Wood Floor and Built-ins throughout -Current Rent $1300/ month with 2.5 Car Detached Garage