1109 W Walkup Avenue, Carbondale, IL

$359,000

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About 1109 W Walkup Avenue

Excellent opportunity to acquire a well-established investment portfolio featuring six rental units across five properties, with a strong history of long-term occupancy. The portfolio includes 715 N. James Street (1 bedroom, 1 bathroom) with an approximately 8-year tenant, 521 N. Springer Street (2 bedroom, 1 bathroom) with a tenant of 10+ years, 110 S. Forest Avenue (2 bedroom, 1 bathroom) with a long-term tenant, 1108 W. Walkup Avenue (3 bedroom, 1 bathroom) with an exceptional 20-year tenant, and 1109 W. Walkup Avenue, Unit A &B consisting of a 2-bedroom 1-bath unit and a 1-bedroom, 1-bath unit. The back unit is currently occupied by a long-term tenant, while the other is being remodeled, creating an opportunity to increase rental income with a new tenant. This portfolio is ideal for investors seeking stable cash flow, as these are long-term rentals. Whether you're looking to expand your existing portfolio or make a turnkey investment, this package offers immediate income with additional upside potential.

Features of 1109 W Walkup Avenue

MLS® # 12717662
Price $359,000
Bathrooms 0.00
Year Built 1943
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1109 W Walkup Avenue
Area Carbondale
City Carbondale
County Jackson
State IL
Zip Code 62901

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker DHH Realty

Listing Map

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