1607 Rural ST new

Rockford,IL 61107

$ 299990

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12302843

Bedrooms 4

Year Built 1955

Annual Tax Amount $4,686

Tax Year 2023

Lot Dimensions 72.8X72.8X150X150

Property Sub-Type Two to Four Units

Property Description

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

Location

State IL

County Winnebago

Area Rockford

Rooms

Basement Unfinished,Full

Interior

Heating Natural Gas,Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 205 ,205, 205

Others

Ownership Fee Simple

Special Listing Condition None

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