Fixer Upper Bargain – Investment Opportunity in Carmi, IL

Description

🔥 Fixer Upper Bargain – Investment Opportunity in Carmi, IL 🔥 2–3 Bedroom | 1 Bath | Great Lot | Priced to Sell 713 Burrell St, Carmi, IL, 62821 Attention rehabbers, landlords, and investors! Here's your chance to acquire an affordable, value-add property in the quiet and charming town of Carmi, Illinois. Located on a peaceful residential street, this single-family home is ideal for a flip, rental, or owner-occupant renovation. 🏡 Property Highlights: 🛏 2–3 Bedrooms (flexible layout depending on design) 🛁 1 Full Bathroom 📐 Nice lot – perfect for gardening, pets, or future upgrades 🚗 Street parking available 🧱 Structure appears solid, needs full cosmetic rehab 🌳 Mature trees and established neighborhood 💡 Why Carmi, IL? Carmi is a small-town gem in White County with low property taxes and strong rental demand. The city is home to parks, schools, and key amenities, while offering a peaceful lifestyle and strong cash flow potential for investors targeting affordable housing markets. Property sold with clean title – NO back taxes Recent comps: 605 Oak St, Carmi, IL 62821 Sold Price: $55,000 Sold Date: April 24, 2025 Beds/Baths: 3 Bed / 1 Bath 502 Schumaker St, Carmi, IL 62821 Sold Price: $63,000 Sold Date: March 28, 2025 Beds/Baths: 2 Bed / 1 Bath 516 8th St, Carmi, IL 62821 Sold Price: $73,000 Sold Date: February 28, 2025 Beds/Baths: 3 Bed / 1 Bath 🏘️ Whether you're an investor looking to expand your portfolio, or a homeowner ready to roll up your sleeves, this is a golden opportunity to buy low and add value.