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517 N Oakland Ave

By Owner
CARBONDALE, IL, 62901
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Property Description

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5 Bedrooms

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2.0 Baths

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2,400 SQ FT

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- Acres

$65,900

About this home

Find your own slice of investment opportunity with this distinctive duplex residing on a generously-sized corner lot. This property exhibits an efficiently designed layout with the main floor housing three bedrooms, while the second floor comprises two. Freshly outfitted with a new roof, the residence showcases a recently rehabbed interior which imparts a clean, updated quality throughout both units. Energy-efficient thermopane windows on the main floor promote a comfortable interior climate while conserving energy. Adding to the appeal, a newly-constructed deck expands the living space outdoors, presenting an ideal spot to lounge or host intimate gatherings. Currently, the main floor is occupationally secured on a lucrative arrangement, fetching $650 per month. The second floor remains unoccupied, offering you the opportunity to define its usage as you see fit - inhabit it, or lease it for an estimated rental return of about $550 per month. Notably, there is potential for a price deduction upon acquiring two more income generating rental units available in Carbondale - a charming six-unit Victorian and an additional duplex. Grab this chance to leverage your real estate portfolio while partaking in the timeless charm and appeal of this unique residence. Enjoying an ideal investment trajectory, this residence is set to infuse your life and portfolio with a promising appreciation and rental potential. Act now to secure this versatile property as your own. Please note that a 3% commission is available on acceptable offers for realtors.

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