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305 & 307 E Mill St 2 Multifamily Properties Offered at $645,000 in Carbondale, IL
Investment Highlights
- Currently Fully leased
- High end luxury duplexes
- 100% student housing
Executive Summary
Great opportunity to own these income producing duplexes. Each side consists of 6 bedrooms 2.5 baths and rent starts at $375 per person. There is a total of 24 bedrooms, 10 bathrooms and 24 parking spaces with a shared drive between the two buildings. The units have a excellent rental history and close proximity to Southern Illinois University making these ideal for student housing. Call today for more information and rent roll history.
Property Facts
| Price | $645,000 | Number of Properties | 2 |
| Price / SF | $80.63 / SF | Individually For Sale | 0 |
| Cap Rate | 8.87% | Total Building Size | 8,000 SF |
| Sale Type | Investment | Total Land Area | 0.30 AC |
| Status | Active |
| Price | $645,000 |
| Price / SF | $80.63 / SF |
| Cap Rate | 8.87% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,000 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 305 E Mill St, Carbondale, IL 62901 | Multifamily | 4,000 SF | 2010 | - |
| 305-307 E Mill St, Carbondale, IL 62901 | Multifamily | 4,000 SF | 2010 | - |
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305 & 307 E Mill St
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