412 Hester St Carbondale, IL 62901

Exceptional investment opportunity in Carbondale, Illinois, featuring a three-unit apartment building constructed in 1988. This property boasts a total of 2,550 square feet of net rentable space, spread across a two-story building situated on a 2,550 square foot lot. The property includes ample parking with eight spaces available. Each of the three units offers three bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. Currently, two units are occupied by long-term tenants. The property is being sold as-is. The asking price is $120,000, translating to a price per unit of $40,000 and a price per square foot of $47.06. The property enjoys a strong 10.63% capitalization rate, generating a net operating income (NOI) of $12,752. The property is zoned "Other" and its address is 412 E Hester St, Carbondale, IL 62901. The parcel number is 15-21-430-018. Financial details are available upon request. A 24-hour notice is required for showings of occupied units. This is an ideal opportunity for investors seeking a solid return in a desirable location.