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1225 W Freeman St
Carbondale, IL 62901

$529,900 USD

Apartments For Sale  •  10,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,400 SF
  • Lot Size 0.6 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 16.25 %
  • Zoning MULTI-FAMILY
0 Transit Score
40 Walk Score

Highlights

Central heat & air
City water & sewer
Separate electric & water meters
High quality construction
Laundry in the basement

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $86,100 USD (2024)
Cap Rate: 16.25 %
Total Expenses: $36,300 USD

Public Transportation

Commuter RailDriveWalkDistance
Carbondale (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 3 min - 1.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Chris Murray 754-251-0201 LOYD Realty
Chris Murray 754-251-0201 LOYD Realty