$72,000
4
beds
2
baths

1631 8th Avenue

Rockford, Illinois 61104
Pending / MLS #11228834 / Multiple Unit (2-4) / Rockford
If you are an investor looking for a great investment in a seller's market, then look no further than this two unit multifamily in Rockford. Each apartment has two bedrooms and one bathroom, a living room and a kitchen. The home features hardwood floors and original woodwork with new flooring in both kitchens. The units are currently rented for $825 each which includes all utilities. The building has been very well maintained and is equipped with solar panels which provide a significant savings on the cost of electricity. Detached two car garage. Great rental history and good cash flow with a 20% cap rate. So much potential for this great investment property, see it today.

Full Features
Exterior Type: Vinyl Siding
Basement: Unfinished
Beds Above Grade: 4
Heating System: Natural Gas, Forced Air
Pool: No
Age: 100+ Years
Parking Type: Garage,Space/s
Parking Spaces: 4
Room Count: 10
Water Front: No
Square Feet: N/A
Lot Size: Less Than .25 Acre
Acreage: 0.16
Taxes & Assessments
Tax Amount: $1,915
Tax Year: 2020
Location
Zip Code: 61104
City: Rockford
County: Winnebago
Schools
School District(s): 205
Elementary School: N/A
Middle School: N/A
High School: N/A

Listing Office:

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