509 Wall StCarbondale, IL 62901

This exceptional investment opportunity in Carbondale, Illinois, presents a 12-unit apartment building located at 509 S Wall Street, 62901. Priced at $280,000, this property is being sold "as is" with no repairs provided by the seller. The building includes twelve rental units, each equipped with a stove and refrigerator. Tenants are responsible for all utilities. The property's prime location offers proximity to Southern Illinois University (SIU), making it highly attractive to students and faculty. Adding significant value, the sale also includes two vacant commercial lots, presenting further development potential. This presents a unique chance to acquire a substantial multifamily property with additional commercial land in a thriving college town. The property is classified as multifamily and commercial, and is a duplex/triplex/quadruplex type. While the seller is also offering another 8-unit building at a separate address, this listing focuses solely on the 12-unit building at 509 S Wall Street and its accompanying commercial lots. This is a rare chance to expand your investment portfolio with a property that offers immediate rental income and future development possibilities. Serious inquiries are encouraged.