For Sale
$45,000

507 Hays AveCarbondale, IL 62901

Two-unit rental property, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This 1-story, 1913-built duplex in Carbondale, Illinois, presents a compelling investment opportunity. Located at 507 S Hays Ave, this property boasts a total of 1,607 square feet across two units, offering a combined net rentable area of 1,607 square feet. The property features a 4-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. The property is being sold as-is. Note that one unit is currently vacant, while occupancy status of the second unit requires verification. Utilities will not be turned on for inspections. The property sits on a 1,607 square foot lot and includes two parking spaces. The property's current Net Operating Income (NOI) is $2,174. This property is offered at an asking price of $45,000. The property's Assessor's Parcel Number (APN) is 15-21-308-005. This is an individual ownership property. With some renovations, this property could yield significant returns. Serious inquiries only.

Highlights

  • $45,000 asking price for a two-unit multifamily property.
  • 1,607 square feet on a 1,607 square foot lot.
  • Net Operating Income (NOI) of $2,174.
  • Two units: one 4-bed/1-bath, and one 2-bed/1-bath.
  • Located near Southern Illinois University in Carbondale, Illinois.
  • Built in 1913, one-story building with two parking spaces.

Property Details for 507 Hays Ave

Property type
Residential income homes, Apartment buildings
Square Feet
1,607 SF
Year Built
1913
Buildings
1
Stories
1
Units
2

Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.722064770604
Longitude
-89.224321799862
507 Hays Ave, Carbondale, Illinois

FAQs

What type of property is this?
Residential income home - Two-unit rental property, great potential.
Where is the residential income home located?
The property is located at 507 Hays Ave Carbondale, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: $45,000 asking price for a two-unit multifamily property.; 1,607 square feet on a 1,607 square foot lot.; Net Operating Income (NOI) of $2,174.
How can I contact the broker?
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507 Hays Ave
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