319/321 E COLLEGE Street, Carbondale, IL 62901
None · Jackson County
Key Facts
Description
Turn-Key, 5-Unit Income Property that could replace a 9-5 job with a single investment! Step right into cash flow with this income-producing property featuring five total units across two buildings. • 319: Three spacious 3BR/1.5BA units generating $3,050/month (rent rolls available). Two of the units have been recently remodeled! • 321: Unit A leased at $1,500/month; Unit B just vacated and is ready to rent for another $1,500/month. That’s a potential $6,050/month gross income when fully occupied! Strong rental history, immediate returns, and room for growth make this the perfect portfolio builder. Contact your agent for a showing today!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1958
Living Area
4,912 sq ft
Lot Dimensions
60 x 150 and 65 x 150
Parking Spaces
5
Days on Market
219
MLS® Listing#
PA1263586
Property Features
Appliances
Cooling
Basement
Parking
Lot Features
Construction
Roof
Sewer
Water Source
Schools
- High:
- Carbondale HS
Financial Details
HOA
Yes
Annual Taxes
$12,450
Tax year 2024
Parcel Number
15-21-426-019
Directions
From 13 W turn left on S Wall St and right on E College St, both properties are on your left.
Affordability Calculator
$73,000
Estimated monthly payment
$1,943/mo
Principal $292,000 · Est. interest $407,366 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Carbondale, IL
- 105
- Median Days on Market
- 1,920
- Median Sq Ft
- $95
- Median Price / Sq Ft
- 89
- Active Listings
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Carbondale, IL.
Location
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Points of Interest in Carbondale, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 303 N Robinson Circle, Carbondale, IL | $255,500 | — | — | 2,620 |
| 101 N Rod Lane, Carbondale, IL | $262,000 | 5 | 2 | 1,704 |
| 1004 S Taylor Drive, Carbondale, IL | $265,000 | 4 | 3 | 2,684 |
| 333 S Hanseman Street, Carbondale, IL | $270,000 | 3 | 2 | 1,784 |
| 18 Sawmill Road, Carbondale, IL | $275,000 | 4 | 3 | 2,464 |
| 718 S ILLINOIS Avenue, Carbondale, IL | $275,000 | — | — | 7,849 |
Moving Cost Estimate
EXIT Agents in Carbondale
Listing Courtesy: Southern Illinois Realty Experts - Herrin - 6189882323
Presented by: Melanie Harp