For Sale
$420,000

514 Wall St Carbondale, IL 62901

12-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 12-unit apartment building situated at 514 S Wall St, Carbondale, IL 62901. The property boasts a total of 8,400 square feet and sits on three parcels of land, offering significant potential for future development or expansion. Currently configured as a multifamily dwelling, each of the twelve units includes a stove and refrigerator. Tenants are responsible for their own utilities. The property's proximity to Southern Illinois University (SIU) ensures a consistent demand for rental units. This is a truly unique opportunity to acquire a substantial multifamily property in a thriving college town. The asking price is $420,000. The property is being sold "as is," with no repairs provided by the seller. This presents a chance to acquire a property at a competitive price, allowing for potential renovations and value enhancement. Serious investors should act quickly to capitalize on this promising investment. Further details are available upon request.

Highlights

  • $420,000 asking price.
  • Multifamily property with 12 units.
  • 8,400 square feet.
  • Located at 514 S Wall St, Carbondale, IL 62901, close to SIU.
  • Includes three parcels.
  • Stoves and refrigerators included in each unit; tenants pay utilities.

Property Details for 514 Wall St

Property type
Land, Apartment buildings
Square Feet
8,400 SF

Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.7211063
Longitude
-89.2091611

FAQs

What type of property is this?
Land - 12-Unit Apartment Building, Prime Location
Where is the land located?
The property is located at 514 Wall St Carbondale, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: $420,000 asking price.; Multifamily property with 12 units.; 8,400 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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514 Wall St
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