519 N Walnut St Mt. Carmel, IL 62863

INVESTMENT PROPERTY in a high visibility location! Located on a main road in Mt. Carmel, IL that leads to Princeton, IN! This property is a Quadplex that sits in a great location for marketing! Three units are 1-bedroom apartments, and the fourth unit is a larger 2-bedroom apartment. Three of the units are currently tenant occupied with leases and the property is cash flow positive. Additional features include a partial basement, an upstairs utility room for maintenance and supply storage, a large gravel parking lot for tenants and a new roof in 2023. The 2-bedroom apartment was completely remodeled with new flooring, new kitchen cabinetry, and a fully remodeled bathroom in 2018. Additional updates include: A BRAND-NEW ARCHITECTURAL ROOF installed in 2023, new wooden deck, stairs and new concrete patio installed in 2017, 2 new water heaters in 2018 and 3 new windows are on order and will be installed upon arrival, unit 2 had a new furnace installed in 2018.BROKER OWNED.