
Courtesy of: Doug Payne, Southern Illinois Realty, LLC, dougpayne21@yahoo.com
$135,000
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3 bed
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1.00 Bath (1 Full)
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Lot: 0.25 Acres
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Single Family Residence
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$135,000
512 Kansas Avenue High-Yield Investment Package – Brick Duplex + Single-Family Rental | Strong Cash Flow Rare turnkey income opportunity featuring an all-brick duplex and an additional single-family rental, offered as a portfolio package. All units are currently occupied, providing immediate stabilized income with no lease-up risk. The brick duplex delivers durable construction and low maintenance, with each unit offering a living room, dining room, kitchen with appliances, bedroom, bathroom, and full basement with laundry. Tenants enjoy a fenced yard, detached two-car garage, and on-street parking, enhancing retention and rental demand. Located in a nice, established neighborhood with consistent tenant appeal. Investment Highlights: * Duplex Cap Rate: 9.21% * Single-Family Home Cap Rate: 7.12% * Combined Net Income (3 Units): $27, 190 annually * Fully occupied – immediate cash flow from day one * SFR has vinyl construction and basements = long-term durability and upside * Detached one car garage * Portfolio sale – ideal for buy-and-hold investors This is a high-performing small multifamily + SFR package with proven income and upside potential through rent increases and expense optimization. Must be Sold with MLS 26008276, All interested parties must be pre-approved to view properties.
Courtesy of: Doug Payne, Southern Illinois Realty, LLC, dougpayne21@yahoo.com
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