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Outstanding profit maker!

Listing ID 23125404 | Updated 177 days ago

$94,900
Willing to negotiate
For Sale

1501 15th Avenue
Rockford, IL 61104

2 beds, 1 baths
Multi-Family

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Mark
Primary
Also try Secondary

Add to Favorites About this Property

Bedrooms:2 Bathrooms:1 Floors:2.0 Square Footage:N/A
Year Built:1930 School District:205 Garage Size:1.0 Lot Size:0.13 Acre(s)
Amenities:Wood Floors, Appliances Included, Basement, Garage

Beautiful fully rented updated 3 family investment property located in Southeast Rockford.Two units are 2 bedroom, third unit is a one bedroom unit. Monthly rental income of $575, $550 and $395 for a total of $1520 monthly. Seperate utilities paid by renters. Yearly expenses include: property taxes of $3400 (2010), W/S/G = $800, Ins = $700 Recent updates include: Updated electricals, new furnaces 2008, ground unit with central air 2008, new baths, new kitchens, re-finished hardwood floors throughout, new windows upper 2 bedroom 2010. Beautiful building and units with many built-in features including bookcases and French doors. Each unit has it's own garage and storage space. Asking price $20,000 below assessed value.

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Mark
Primary
Also try 818-471-5844

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