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305 & 307 E Mill St

2 Residential Properties Offered at £567,276 in Carbondale, IL

Investment Highlights

  • Currently Fully leased
  • High end luxury duplexes
  • 100% student housing

Executive Summary

Great opportunity to own these income producing duplexes. Each side consists of 6 bedrooms 2.5 baths and rent starts at $375 per person. There is a total of 24 bedrooms, 10 bathrooms and 24 parking spaces with a shared drive between the two buildings. The units have a excellent rental history and close proximity to Southern Illinois University making these ideal for student housing. Call today for more information and rent roll history.

Property Facts

Price £567,276
Price / SF £70.91 / SF
Net Initial Yield 7.89%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,000 SF
Total Land Area 0.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
307 E Mill St, Carbondale, IL 62901 Residential 4,000 SF 2010 -
305 E Mill St, Carbondale, IL 62901 Residential 4,000 SF 2010 -
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  • Listing ID: 29530952

  • Date on Market: 15/09/2023

  • Last Updated:

  • Address: 305 & 307 E Mill St, Carbondale, IL

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