507 S POPLAR Street

$300,000.00 Carbondale, IL 62901
  • Jackson County

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!

Key Features

  • Property Type Residential Income
  • Acres Acres
  • Minerals Call for more info
  • MLS # EB458578

Property Map

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 401 W MONROE Street

    Carbondale, IL 62901

    Now Reduced! Now is your chance to pick up a money maker with all three leased apartments making steady income. The property is a tri-plex with, with an upstairs 2 bedroom a...

    • $79,900.00
    • Jackson County
    Learn More »
  • 105 S FOREST Avenue

    Carbondale, IL 62901

    Great opportunity to invest in Carbondale with many possibilities with this rental property. This 1889 2 story Apartment Building houses 4 units! 3 units with 1 bed room @ $40...

    • $54,900.00
    • 0.13 Acres
    • Jackson County
    Learn More »