Investment Opportunity! What was once a beautiful church with its detailed finishes and stunning wooden beams and casings has been partially rehabbed with plans for 14 apartment units. Currently, income is received from two finished units totaling $1440/mo. Two more units are nearly ready to rent with just a few punch list items remaining while the ten other units are in various stages of the remodeling process. Estimated rehab cost is $150,000.00. Estimated after rehab value is $750,000. Potential income from all 14 units is estimated at approximately $10,000 – $12,000/month. Professional pictures coming soon.
700 3RD Street Carmi, IL 62821
For Sale
700 3RD Street
Carmi, IL 62821
Price: $450,000
Type:
Commercial Sale
Commercial
Agent:
Megan Campbell
Agent Phone: 618-997-4663
Agent Email: mmcampbell2@outlook.com
Broker:
House 2 Home Realty Carterville
Broker Phone: 618-997-4663
705 6TH Street Carmi, IL 62821
705 6TH Street
Carmi, IL 62821
Price: $7,000
Type:
Land
Lots & Land
Agent:
AMBER ACKERMAN
Agent Phone: 618-384-1181
Agent Email: amber@propshopbrokers.com
Broker:
THE PROPERTY SHOP REAL ESTATE GROUP LLC
Broker Phone: 618-384-4663
Broker Email: angie@propshopbrokers.com
Please reach out for more information.