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    OFF-MARKET
    Residential income homes

    323 Walnut St, Carbondale, IL 62901

    2,486 SF
    Property ID
    US28-3052492
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2-story, 1-unit apartment building located at 323 W Walnut St, Carbondale, IL 62901. The property boasts a total square footage of 2,486 square feet, encompassing both the building and lot size. Currently configured as an 8-bedroom student housing unit, it offers significant potential for rental income. The property features one parking space and generates a Net Operating Income (NOI) of $8,980. The asking price is $100,000. This property is individually owned and is part of a larger portfolio of investment properties available for sale, either individually or as a package. The current tenant is under a one-year lease and requires 48-hour notice for showings. The property's APN is 15-21-181-001. This is a prime opportunity for investors seeking a strong return in the Carbondale, Illinois market. The property is managed by the owner.

    Property profile
    Verified
    Property type Residential income homes
    Total area 2,486 SF
    APN 15-21-181-001
    UPID US28-3052492
    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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