516 Poplar St Carbondale, IL 62901

This exceptional investment opportunity presents an 18-unit apartment building located at 516 S Poplar St, Carbondale, Illinois, 62901. The property boasts a total of 12,600 square feet and is situated in Jackson County, offering convenient proximity to Southern Illinois University (SIU). The building comprises sixteen two-bedroom, one-bathroom units and two three-bedroom, one-bathroom units. Each unit includes a stove and refrigerator, with tenants responsible for utilities. The asking price for this property is $550,000. The sale is "as is," with no repairs provided by the seller. This presents a unique chance to acquire a substantial multifamily property in a desirable location with significant potential for rental income. The property's size and unit configuration offer a strong foundation for a successful investment strategy. Note that the seller also owns an additional building in the area. This property is listed as a multifamily and commercial property, and is categorized as an apartment building and duplex/triplex/quadplex. The property is priced to sell quickly. This is a rare opportunity to acquire a substantial rental property in a high-demand area.