Two Unit Investment Opportunity! Featuring two one bedroom units, ideal for investors or an owner-occupant. The upper unit is currently rented at $680/month (below market), offering immediate upside with rents projected between $975-$1,000+ per unit. The property has a solid roof (approx. 10 years old) and sits on a large lot directly next to a park, adding strong tenant appeal. Built in the early 1900s. With a gross potential annual income of $23,400, this is a great opportunity to increase cash flow and build equity. Perfect for investors looking to add value or live in one unit while generating income from the other. Property is being sold As-Is. Front soffit is being repaired and will be painted within a week.
Listed By
Agency Name: Gambino Realtors
Shown By
Agent Name: Heather Porter
Agent Phone: (815) 988-7443
Estimated Payment
$ 480.89 per month $390.64 Principal & Interest $65.17 Property Tax $25.08 Homeowner's Insurance
1105 N Horsman Street | MLS# 202601794
This multi-family property located at 1105 N Horsman Street, Rockford, IL 61101 is currently listed for sale by Gambino Realtors, with an asking price of $86,000. N Horsman Street is located within the Rockford 205 school district. Search Rockford real estate on hporter.gogambino.com today.