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    OFF-MARKET
    Residential income homes

    507 Hays Ave, Carbondale, IL 62901

    1,607 SF Built 1913
    Property ID
    US28-2984913
    Property summary
    AI-generated overview

    This 1-story, 1913-built duplex in Carbondale, Illinois, presents a compelling investment opportunity. Located at 507 S Hays Ave, this property boasts a total of 1,607 square feet across two units, offering a combined net rentable area of 1,607 square feet. The property features a 4-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. The property is being sold as-is. Note that one unit is currently vacant, while occupancy status of the second unit requires verification. Utilities will not be turned on for inspections. The property sits on a 1,607 square foot lot and includes two parking spaces. The property's current Net Operating Income (NOI) is $2,174. This property is offered at an asking price of $45,000. The property's Assessor's Parcel Number (APN) is 15-21-308-005. This is an individual ownership property. With some renovations, this property could yield significant returns. Serious inquiries only.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1913
    Total area 1,607 SF
    APN 15-21-308-005
    UPID US28-2984913
    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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