405 Ash StCarbondale, IL 62901
- Apartment buildings
- 1 SF
Property Details for 405 Ash St
- Property size (Sq ft)
- 1 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a portfolio of 24 buildings comprising 118 units, strategically located in Carbondale, Illinois. The property, zoned R3, consists of free-standing houses converted into apartments, offering flexibility for future single-family conversions. Currently vacant, this portfolio presents a unique chance to establish rental rates to maximize income potential. The seller's retirement provides a compelling reason for this sale, offering a significant opportunity for a new owner to implement their own rental strategy. The portfolio boasts a potential annual income exceeding $432,000. Located within walking distance of Southern Illinois University, local businesses, and dining establishments, this property benefits from high demand and convenient access to amenities. The buildings are sold "as is," with detailed property information available upon request. The portfolio includes 23 properties with 39 units and 118 bedrooms. Most units offer ample on-site parking. The Assessor's Parcel Numbers (APNs) are: 15-21-181-003
Location Insight
- City
- Carbondale
- County
- Jackson
- State
- Illinois
- Latitude
- 37.7238
- Longitude
- -89.2193
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].