507 S POPLAR ST #8 Pending

Carbondale,IL 62901

$ 300000

- Bed

- Bath

2200 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $136

MLS Listing ID EB458578

Annual Tax Amount $12,669

Tax Year 2023

Property Sub-Type Residential Income

Property Description

WALKING DISTANCE TO SOUTHERN ILLINOIS UNIVERSITY AND DOWNTOWN CARBONDALE. This bank foreclosure apartment building has 8 units: seven 2 bedrooms/1 bath and one three bedroom with 2 baths. At time of listing, 5 units are leased and annual income of $46,920. The average projected income at full rental should be $60,000. At listing price the average per door cost is $37,500. Taking care of some deferred maintenance would make this a gem!

Location

State IL

County Jackson

Area Ebor Area

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Exterior

View true

Roof Type Shingle

Building

Lot Description Level

Foundation Slab

Water Public Sewer,Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Carbondale Elem

Middle Schools Carbondale

High Schools Carbondale Hs

View More
Favorite Go Tour