The Pankey Group
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Excellent opportunity to acquire a well-established investment portfolio featuring six rental units across five properties, with a strong history of long-term occupancy. The portfolio includes 715 N. James Street (1 bedroom, 1 bathroom) with an approximately 8-year tenant, 521 N. Springer Street (2 bedroom, 1 bathroom) with a tenant of 10+ years, 110 S. Forest Avenue (2 bedroom, 1 bathroom) with a long-term tenant, 1108 W. Walkup Avenue (3 bedroom, 1 bathroom) with an exceptional 20-year tenant, and 1109 W. Walkup Avenue, Unit A &B consisting of a 2-bedroom 1-bath unit and a 1-bedroom, 1-bath unit. The back unit is currently occupied by a long-term tenant, while the other is being remodeled, creating an opportunity to increase rental income with a new tenant. This portfolio is ideal for investors seeking stable cash flow, as these are long-term rentals. Whether you're looking to expand your existing portfolio or make a turnkey investment, this package offers immediate income with additional upside potential.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Jackson
Listed By:
Coldwell Banker DHH Realty
618-305-5950
MRED MLS
MLS ID: 12717662
Get in Touch
Contact an agent to learn more about
1109 W Walkup Avenue, Carbondale, IL 62901.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $359,000 | $359,000 | $359,000 |
| Down Payment | $71,800 | $12,565 | $89,750 |
| Monthly Mortgage Amount | $1,815 | $2,199 | $2,254 |
| Taxes | $500 | $500 | $500 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $158 | $0 |
| Monthly Estimated Total | $2,420 | $2,962 | $2,859 |
The Pankey Group
Cell: (309) 721-8830
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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