1303 & 1305 N Cherry Street, Mount Carmel, IL 62863

13 Unit Motel Business Plus 4 BR, 1.5 Bath Ranch Home on 3 Lots!

Income Producing Motel Business + 4 Bedroom Ranch Style Home Situated on 3 Lots. This unique listing consists of 11 room unit motel plus a mobile home with 2 additional units that all generate consistent income. The motel rooms have been cosmetically updated and offer newer furnishings. The 4-bedroom, 1.5 bath home with 2 car attached garage offers the option as a primary residence or even more income potential as a rental. Upon entering the home you'll find a welcoming open concept great room with lots of natural light and beautiful wood burning fireplace. The kitchen is fully equipped with appliances and is nicely updated with modern cabinetry and ceramic tile flooring and backsplash. The split bedroom floorplan offers 3 generously sized bedrooms and updated main bath on one end of the home and a large master suite with attached half bath on the other. The south side of the property consists of a conveniently attached office space and lobby for the motel. Other great features include partially fenced backyard with above ground pool and yard barn for extra storage. Washer and dryer included as an added bonus. Priced at $349,000. Call today to start discussing your options!