List Price: $299,990
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 4 |
— |
1955 |
— |
4 |
$4,686 |
2 days |
This well-maintained, income-generating brick 4-unit building at 1607 Rural St, Rockford, IL is a fantastic investment opportunity. Each spacious 1-bedroom unit features a combined living and dining area, an eat-in kitchen, and ample storage. The property includes a 4-car garage with overhead doors, which had a new roof installed in 2018, as well as a divided basement, providing separate utilities, individual storage, and laundry hookups for each unit. Security entry doors at both the front and back add an extra layer of safety. Three of the four units have been updated, with one featuring central air while the remaining tenants use window A/C units. The landlord covers water, sewer, and garbage, making management straightforward. With proven, reliable tenants and a property that reflects pride of ownership, this is a turnkey investment with steady cash flow potential. Don't miss out-schedule a showing today! One unit vacant and in the process of being leased. Porperty SOLD AS-IS
Listing courtesy of Compass
1607 Rural St. is a multi-unit home built in 1955, and is located in Rockford, IL. It has 4 bedrooms and — bathrooms, a 4-car garage, and has annual property taxes of $4,686.
Marco Amidei
(888) 32-Marco (847) 630-4886
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