Investment Opportunity in Palestine, IL – 8-Unit Apartment Property!
Explore the potential of this multi-unit investment property featuring two separate buildings with four units each, offering a total of eight rental units. Each building includes two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, providing a versatile mix of rental options. Both buildings were repainted a few years ago, and three units feature newer laminate flooring throughout the main living areas. The buildings also offer designated laundry spaces on the main floor, which are currently non-operational and require finishing work. Remodeling has been partially completed throughout the property, leaving room for additional improvements and the opportunity to add value over time. With seven of the eight units currently rented, this property offers an opportunity for investors to acquire an established rental property with existing occupancy and potential to further improve the units and common areas. Whether you’re expanding your portfolio or looking for your next investment project, this eight-unit property is ready for its next owner to build on its existing foundation and future potential.