Excellent opportunity to acquire a well-established investment portfolio featuring six rental units across five properties, with a strong history of long-term occupancy. The portfolio includes 715 N. James Street (1 bedroom, 1 bathroom) with an approximately 8-year tenant, 521 N. Springer Street (2 bedroom, 1 bathroom) with a tenant of 10+ years, 110 S. Forest Avenue (2 bedroom, 1 bathroom) with a long-term tenant, 1108 W. Walkup Avenue (3 bedroom, 1 bathroom) with an exceptional 20-year tenant, and 1109 W. Walkup Avenue, Unit A &B consisting of a 2-bedroom 1-bath unit and a 1-bedroom, 1-bath unit. The back unit is currently occupied by a long-term tenant, while the other is being remodeled, creating an opportunity to increase rental income with a new tenant. This portfolio is ideal for investors seeking stable cash flow, as these are long-term rentals. Whether you're looking to expand your existing portfolio or make a turnkey investment, this package offers immediate income with additional upside potential.
Listed By
Agency Name: Coldwell Banker DHH Realty
Agency Phone: 618-305-5950
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 2,719.23 per month $1,630.69 Principal & Interest $983.83 Property Tax $104.71 Homeowner's Insurance
1109 W Walkup Avenue | MLS# 12717662
This multi-family property located at 1109 W Walkup Avenue , Carbondale, IL 62901 is currently listed for sale with an asking price of $359,000. Search Carbondale real estate on www.gogambino.com today.