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Listed price in listed location currency (USD).
$265,000
$275,000

000

MLS® EB454214

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $10,999
Approx. Age 2007
MLS® Number EB454214

Property Address: 500 S Washington St, Carbondale, IL, 62901-3217

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY: FULLY-RENTED 5-PLEX! Seize this rare opportunity to own a profitable 5-plex apartment building in a prime location! Fully rented and generating steady income, each of the five 2-bedroom, 1.5-bath units is currently leased at $650 or $675 per month. These townhouse-style units are well-maintained and feature spacious open main floors, ample closet space in the bedrooms, and in-unit laundry for tenant convenience. Situated just moments from the university, the strip, and the train station, this property offers an unbeatable location that appeals to a broad tenant base. Each unit comes complete with all necessary appliances, ensuring a hassle-free living experience for tenants. The property includes a well-lit, 10-space paved parking lot, providing ample parking for residents. Tenants are responsible for their own electric, water, and internet/cable expenses, while the landlord covers the cost of a dumpster and parking lot lighting. Additional financial incentives come from the property's location in a TIF (Tax Increment Financing) district, offering potential tax benefits to the new owner. Don't miss this chance to invest in a thriving rental property with a strong return on investment! Contact us today to learn more and schedule a viewing.
MLS® NumberEB454214
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2007
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Oct 10, 2024End Date
$265,000Sold Price

Sold

Jul 11, 2024List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
500 S Washington St, Carbondale, IL

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