Hang on a second...
USDAProperties.com is coming up with an answer for you...

 

 

 

$329,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
505 S Poplar St
Carbondale, IL 62901
Unknown bed 4 bath 7,308 SqFt ($45/SqFt)
0.44 acre lot. Built 1988
Listed 2023-05-22, Taxes $11,497
USDA Eligible
near Carbondale, IL
 Restrictions may apply
due to home size

10 unit Apartment complex wit h ample parking.

5 units with 2 bedrooms and 5 units with 1 bedroom. All units have range, dishwasher and refrgerator.

8 units havewasher and dryer. 2022 Financials reflect negative impacts of Covid19. Great investment opportunity.


Presented by Linda Jackson at
CENTURY 21 House of Realty, Inc.
Listing Agent Photo

Property MLS #EB449042 from RMLSAlliance

High Speed Internet

Laundry Features: Private, Units Hook-Ups

Full Bathrooms: 4

Heating Features: Baseboard, Electric, Electric Water Heater, Window Unit(s)

Additional Parcels Description: 15-21-327-002
Lot Description: Level
Lot Size Acres: 0.44
Lot Size Dimensions: 56 x 172
Lot Size Square Feet: 19166

Road Surface Type: Paved

Parking Features: Guest Parking, Parking Pad
Parking Total: 20

Elementary School: Carbondale Elem
High School: Carbondale HS

Thomas Elementary School is a public elementary school located approximately 1.2 miles away.
directions icon Map directions

Carbondale Middle School is a public middle school located approximately 1.4 miles away.
directions icon Map directions

Carbondale Community High School is a public high school located approximately 1.8 miles away.
directions icon Map directions

Trinity Christian School is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Gross Income: 34176
Gross Scheduled Income: 34117
Tenant Pays: All Utilities

Number of Units: 10
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 650
Unit 2 Total Actual Rent: 550
Unit 3 Total Actual Rent: 550
Unit 4 Total Actual Rent: 550

Maintenance Expense: 3805

Annual Tax Amount: 12697.13999999
Source Listing Status: Active
County: Jackson
Directions: East on Rt 13 or W. Walnut, right/south on S Poplar. Property on left '
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 2500
Manager Expense: 3928
Number of Separate Electric Meters: 10
Number of Separate Water Meters: 10
Parcel Number: 15-21-327-006
Trash Expense: 1186
Zoning: COMMERCIAL
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$80,603 + $9,103
$89,706
$11,497
2020$82,030 + $9,264
$91,294
$11,139
2019$82,366 + $9,302
$91,668
$10,690
2018$85,950 + $9,707
$95,657
$10,379
2017$85,950 + $9,707
$95,657
$10,255
2016$85,950 + $9,707
$95,657
$10,013
2015$82,528 + $9,707
$92,235
$9,589
2014$82,528 + $9,707
$92,235
$9,457
2013$84,212 + $9,905
$94,117
$9,241
2012$84,212 + $9,905
$94,117
$9,046
2011$84,212 + $9,905
$94,117
$8,649
2010$85,477 + $10,054
$95,531
$8,411

Price Changed 2024-06-13
$329,000
RMLSAlliance
Price Changed 2024-03-12
$334,000
RMLSAlliance
Price Changed 2023-08-31
$369,000
RMLSAlliance
Listed 2023-05-22
$379,000
RMLSAlliance
Sold 2019-09-18
$249,000
Public Record
Sold 2013-07-09
$287,000
Public Record

Net Operating Income: 4585
Operating Expense: 16894

Year Built: 1988
Building Area Total: 7308
Construction Materials: Brick Partial, Vinyl Siding
Foundation Details: Slab
Property Age: 36
Roof: Shingle
Structure Type: Two or More Story
Year Built Source: Public Records

Electric Expense: 3122
Water Sewer Expense: 358
Water Source: Public Sewer, Public
Click Thumbnail Images To View Full Size
house_viewlaundry_roomunknownkitchenlaundry_room
unknownunknownhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.