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$ 387,000
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12325476
Year Built 1900
Annual Tax Amount $7,671
Tax Year 2023
Lot Dimensions 68X165
Property Sub-Type Multi Family 5+
Property Description
This 10 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income $68,460 but could be higher. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about a month old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 3 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.
Location
State IL
County Winnebago
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
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Listed by Adam Carlson • Ultimate Realty Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States