505 Poplar St, Carbondale, IL 62901-2778

This exceptional investment opportunity presents a ten-unit apartment complex located at 505 S. Poplar Street, Carbondale, Illinois, 62901. The property boasts a total square footage of 7,308 and is classified as multifamily and commercial. The building comprises a mix of unit sizes: five units feature two bedrooms each, while the remaining five units offer one bedroom each. All units are equipped with essential appliances including a range, dishwasher, and refrigerator. A significant convenience for residents, eight of the ten units include in-unit washer and dryer hookups. Ample parking is available for residents and guests. Please note that the 2022 financial records reflect the negative impact of the COVID-19 pandemic. Despite this, the property presents a strong potential for future growth and profitability, making it an attractive investment opportunity in the thriving Carbondale market. The asking price for this property is $319,000. This is a prime opportunity for investors seeking a multifamily property in a desirable location.