406 University Ave, Carbondale, IL 62901

This 1,196 square foot multifamily property, located at 406 S University Ave, Carbondale, IL 62901, presents a compelling investment opportunity. The property, built in 1943, features four units within a single, one-story building situated on a 1,196 square foot lot. The property boasts a Net Operating Income (NOI) of $3,092 and includes four parking spaces. The metal roof is a notable feature. This property is being sold AS-IS. The property is conveniently located near Southern Illinois University. While requiring some renovations ("TLC"), this investment offers significant upside potential. This is an individual ownership property with APN 15-21-184-014. Additional properties owned by the same investor are available for purchase as a package deal. Serious inquiries are encouraged.