Historic investment opportunity! Own the grand Ullrich Mansion
Historic investment opportunity! Own the grand Ullrich Mansion in Decatur, IL—a beautifully updated, income-producing property built in 1875.
Originally an Italianate masterpiece, this over 4,500 sqft mansion is currently set up as a multi-family property with 4 units already occupied (with potential for up to 5 units).
The first floor is a spacious 3-bed/2-bath family home (or could be split into two apartments), and the second floor holds three 1-bedroom apartments.
Recent updates include modern electrical/plumbing, renovated kitchens/baths, and a vastly improved basement.
It sits on a spacious 0.52-acre lot and includes a four-car detached garage/carriage house for tenants.
Immediate cash flow makes this historic gem a standout for any portfolio!
$335,900 314 W Decatur St, Decatur, IL 62522
From Zillow
