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.