2034 Illinois Avenue Ext, Murphysboro, IL 62966

This exceptional investment opportunity presents a 17-unit multifamily property located at 2034 & 2012 Illinois Avenue in Murphysboro, Illinois, 62966. The property, built in 1979, comprises 2,016 square feet and boasts a strong 15.66% capitalization rate, generating a net operating income (NOI) of $109,488. The complex includes 17 parking spaces, one single-family home (under contract for deed), and eight duplex buildings. Each duplex unit features two bedrooms, one bathroom, washer and dryer hookups, and a carport. Tenants are responsible for water (approximately $74 every two months) and electricity (approximately $128 monthly). Washers and dryers are included in all units except unit 11. The property's APN is 09-32-453-016 : 09-32-453-017. Currently operating at zero vacancy, this property presents a compelling investment opportunity for both seasoned and new investors seeking a stable, high-yielding asset in a desirable location. The asking price is $699,000. This is a unique package deal offering immediate cash flow and significant potential for future growth.