721 2nd Ave., Rockford, IL 61104

721 2nd Ave., Rockford, IL 61104
Photo 1 of 2
$160,000
Beds Baths Sq. Ft. Taxes Built
4 0.00 0 $1,819 1922
On the market: 3 days

Est. Monthly Payment:

$1,110($958 + $152 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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 courtesy of Jeffrey Sturtevant, Sturtevant 2K Real Estate LLC