602 Mulberry St Murphysboro, IL 62966
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 602 Mulberry St
- Year built
- 1963
- Property type
- Apartment buildings
Description
This well-maintained eight-unit apartment building, located at 602 Mulberry Street in Murphysboro, Illinois (zip code 62966, APN 14-04-458-009), presents a compelling investment opportunity. Built in 1963, the property offers ample parking with eight spaces. The exterior has recently undergone improvements, including a fresh coat of paint and the installation of new exterior doors and locks, enhancing security for tenants. Several units have received significant upgrades. Units 5 and 6 feature brand new luxury vinyl plank (LVP) flooring, fresh paint, new appliances, and updated air conditioning units. Unit 8 also benefits from new appliances and an upgraded AC unit. Unit 2 showcases newly painted cabinets, providing a modern touch to the kitchen. This property offers a blend of updated and well-maintained units, representing a strong potential for rental income and appreciation. The property is situated in Jackson County and is ready for a new owner to capitalize on its existing strengths and further enhance its value. The asking price for this multifamily property is $325,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murphysboro
- County
- Jackson
- State
- Illinois
- Longitude
- -89.3308
- Latitude
- 37.7632
