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701 South Rawlings Street 701 S Rawlings St 3 Unit Apartment Building $124,367 CAD ($41,456 CAD/Unit) 15.67% Cap Rate Carbondale, IL 62901

Apartment Buildings Illinois Carbondale 701 S Rawlings St, Carbondale, IL 62901

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INVESTMENT HIGHLIGHTS

  • Separate electric, water and gas meters!!!!!
  • AWESOME PROPERTY!!!!!
  • Central heat and air!!!!

EXECUTIVE SUMMARY

NICE TRIPLEX!!!
3 x 1bed/1bath units. Each one will rent for $550. Separate electric, water and gas meters, no utility expenses! Units have central heating and cooling. PROPERTY WILL GENERATE A 14.84% NET RETURN ON INVESTMENT!!! OVER $25K IN VALUE ADD!!! Do not miss out on this investment opportunity.
Property management and financing is available!!

ATTACHMENTS

Flyer 701 South Rawlings Street, Carbondale, IL

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $27,391 $13.53
Other Income - -
Vacancy Loss - -
Effective Gross Income $27,391 $13.53
Taxes $4,006 $1.98
Operating Expenses $3,901 $1.93
Total Expenses $7,907 $3.91
Net Operating Income $19,484 $9.63

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $27,391
Annual Per SF $13.53
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $27,391
Annual Per SF $13.53
Taxes (CAD)
Annual $4,006
Annual Per SF $1.98
Operating Expenses (CAD)
Annual $3,901
Annual Per SF $1.93
Total Expenses (CAD)
Annual $7,907
Annual Per SF $3.91
Net Operating Income (CAD)
Annual $19,484
Annual Per SF $9.63

PROPERTY FACTS

Price $124,367 CAD Apartment Style Low-Rise
Price Per Unit $41,456 CAD Building Class C
Sale Type Investment Lot Size 0.10 AC
Cap Rate 15.67% Building Size 2,024 SF
No. Units 3 No. Stories 2
Property Type Multifamily Year Built 1938
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Parking Ratio 1.48/1,000 SF
Zoning MULTI-FAMILY - Multi-family
Price $124,367 CAD
Price Per Unit $41,456 CAD
Sale Type Investment
Cap Rate 15.67%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 2,024 SF
No. Stories 2
Year Built 1938
Parking Ratio 1.48/1,000 SF
Zoning MULTI-FAMILY - Multi-family

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $760.86 CAD -

LINKS

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(754) 251-0201

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Contact the broker for more information about this property

CONTACT

  • Eli Ahmadov
    Eli Ahmadov

  • Listing ID: 37914863

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 701 S Rawlings St, Carbondale, IL 62901

The Multifamily Property at 701 S Rawlings St, Carbondale, IL 62901 is currently available for Sale. Contact LOYD Realty for more information.

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701 South Rawlings Street | 701 S Rawlings St
(754) 251-0201 x

701 South Rawlings Street | 701 S Rawlings St

Eli Ahmadov
(754) 251-0201

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