511 S Rawlings St, Carbondale, IL 62901

511 S Rawlings St, Carbondale, IL 62901

10 beds 0 baths 5,976 Sqft

Off Market

Description:

Off Market   -  Multi Family for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

Excellent opportunity to own a well-maintained 10-unit multifamily property in a strong rental market. Each unit features 1 bedroom and 1 bathroom,With high-quality construction throughout, this property is truly turn-key. All units are currently leasing at $550/month, generating a solid monthly income of $5,500 with room for future rent increases. Each apartment includes electric baseboard heat and wall-mounted A/C units, making the property extremely low-maintenance and cost-effective for long-term ownership. The building is equipped with separate electric and water meters for each unit, reducing landlord utility responsibilities. City water and sewer are in place for reliability and ease of management. Located just minutes from downtown Carbondale, SIU campus, and local amenities. With ample off-street parking and a straightforward layout, this is a hassle-free, income-generating asset for any portfolio.

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Location

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Facts and features:

Status: Closed

Listed Date: 10/03/2025

Days On Market: 53

Lot Size (Acres): 0.3

Lot Size (Square Feet): 13068

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Closing:

Structure:

Year Built: 1963

Tax:

Parcel Number: 15-21-326-007

 

 

 

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-carbondale-for-sale-511 s rawlings st, carbondale, il 62901-17063882

 

 

 

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