Description
Investment Opportunity in Southern Illinois. This duplex sits on an acre, off a quaint road outside the city limits of Carbondale. Each unit has 2 bedrooms, 1 bath and comes with a refrigerator, a stove, and two window units. One unit does have a laundry hook up and the washer and dryer will remain. Both units are rented to long term tenants with leases. Tenants pay utilities. New roof in 2018. New concrete pads in both carports in 2018. Crawl Space has been vapor-locked with a dehumidifier that remains with the property. This investment has a cap rate of 10%.
Features:
- 1 acre
- 10 cap rate
- Long term tenants
- Many updates
- New concrete car port pads
- New roof
- Crawl-vapor locked with dehumidifier
Address: 301 Hunt Carbondale IL 62901
Directions: From the west end of Carbondale on E Main St/IL 13 take Walnut St to S Hunt. Entering Carbondale from the east end, take N Giant City Rd to E Walnut/ S Hunt.
Legal Description: Part of Sec 23, T9S - R1W, Jackson County, IL
Parcel(s): 15-23-276-006
Taxes: Split Parcel - To Be Determined
P#246Â / Sold on on 6/29/21Â for $82,400
LISTED by Property Peddler Inc.
Broker/Owner - Brad Chandler 618-791-3289