502 S University Ave

Carbondale, IL 62901
  • $359,900

    Price
  • 0

    Bed
  • 0

    Bath
  • 7,245

    SqFt

About the Listing 98208 - 1060295

2 Story Fraternity house close to SIU campus - 9-unit property offers the potential to accommodate up to 17 occupants - features 8 efficiency units plus additional Landlord/manager unit - Total of 9 bedrooms and 9.5 bathrooms with versatile layout offering an investor multiple options for maximizing income-producing potential. This rare investment provides excellent rental history plus prime location and good income - partial walk- out basement for easy maintenance access - concrete parking with 15 spaces - fire suppression system and fire doors -Multiple common areas suitable for meetings, dining, recreation, and gaming - large entry foyer - nice patio area and outdoor relaxation on covered deck - prime location for potential retail on lower lever -Numerous property improvements completed in 2008 with continued maintenance - Current leases and property manager in place - Ideal for investors seeking an established rental property

Listing Highlights

Status Active
Days on Site 251
Property Type Multi-Family
MLS ® EB460646
Year Built 1972
Total Square Footage 7,245
Lot/Acreage 164x106x164x98
County Jackson

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 164x106x164x98
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $11,232
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 15213290200040
  • Tax Year: 2024

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

502 S University Ave Carbondale, IL 62901

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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