Homes for sale - 511 S Rawlings ST, Carbondale, IL 62901

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,976 sqft

Price per Sqft $47

MLS Listing ID QC4268189

Year Built 1963

Annual Tax Amount $12,256

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 81.25 X 180

Property Sub-Type Residential Income

Source rmlsa

Property Description

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.

Location

State IL

County Jackson

Area Qcara Area

Direction Head south on South University Avenue from Main Street (IL-13).Turn left onto Mill Street.Go east on Mill Street for about 0.3 miles.Turn left onto South Rawlings Street (northbound one-way).511 S Rawlings St will be

Rooms

Basement None

Interior

Heating Wall Unit(s)

Cooling Central Air

Fireplace N

Exterior

View true

Roof Type Shingle

Total Parking Spaces 10

Garage 1

Building

Lot Description Corner Lot

Faces Head south on South University Avenue from Main Street (IL-13).Turn left onto Mill Street.Go east on Mill Street for about 0.3 miles.Turn left onto South Rawlings Street (northbound one-way).511 S Rawlings St will be

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":550,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1402354Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":550,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1402354Group_2\"}]

Sewer Private Sewer

Water Private

Structure Type Asbestos

New Construction false

Schools

High Schools Carbondale Hs

Others

Tax ID 15-21-326-007