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Property profile & analytics
OFF-MARKET
Residential income homes

310 College St Carbondale, IL 62901

3,061 SF Built 2011
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained, four-unit apartment building located at 310 E College St, Carbondale, IL 62901. Built in 2011, this two-story property boasts a total of 3,061 square feet of net rentable space, situated on a 3,061 square foot lot. The unit mix includes one studio and three two-bedroom, one-bathroom apartments, currently fully rented, generating a substantial Net Operating Income (NOI) of $45,831. The property includes ample parking with eight spaces available. This quadplex represents a solid investment opportunity in a desirable location. The asking price is $240,000. The property's Assessed Parcel Number (APN) is 15-21-282-034. Prior to showing, a 24-hour notice is required and pre-approval is necessary. Serious inquiries only.

Property profile
Verified
Property type Residential income homes
Year built 2011
Total area 3,061 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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