721 2nd Ave

Rockford, IL 61104
  • $160,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 28971 - 251413,251413

3-Unit Investment Property - Turnkey & Updated! Great opportunity to own this well-maintained 3-unit apartment building, perfect for investors or owner-occupants looking to generate rental income. The property features three fully rented units with a strong rental history: Lower Unit: Spacious 2 bedroom layout currently renting for $1000 per month. Second Floor Unit: 1 bedroom with newer kitchen cabinets and countertops, is vacant and has a past rental history of $800/month. Third Floor Studio: Cozy studio apartment currently rented for $600/month. Recent updates include fresh interior paint and some new flooring throughout the property, ensuring a clean and modern look. Tenants enjoy the convenience of off-street parking and a full basement offering extra storage or potential utility space. Whether you're expanding your portfolio or just getting started, this income-producing property is a solid investment with immediate cash flow. Don't miss out-schedule your showing today!

Listing Highlights for 721 2nd Ave

Status Pending
Days on Site 10
Property Type Multi-Family
MLS ® 12478923
Year Built 1922
Total Square Footage 0
Lot/Acreage 132 x 41
County Winnebago
School District 205

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 132 x 41
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,On Site

Financial Details

  • Tax Amount: $1,819
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1126206005
  • Tax Year: 2023

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721 2nd Ave Rockford, IL 61104

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Originating MLS: mred

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