8 FAMILY UNIT - A NEW INVESTMENT

Multi-Family for Sale
Catylist Listing ID: 30165831
Property Subtypes: Mid-Rise
Number of Units: 8 Units
Building Size (RSF): 8,008 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $31,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

8 FAMILY UNIT IN READY-TO-BE YOUR NEW INVESTMENT OPPORTUNITY. Four 2 bedroom units and Four 1 bedroom units. Each unit
includes refrigerator, stove, window air units. Additionally storage locker space. Office street parking for 2 vehicles per unit. HOLY COW, WHAT A DEAL!

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago County
Tax ID/APN: 12-29-278-018
Zoning: MULTI UNIT
Property Located Between: S Alpine Rd & S Mulford Rd. Just south of East State Street
Highway Access: Located south to Bypass 20 & I-39 or east to I-39 & I-90.
Airports: Chicago Rockford Airport & O'Hare Airport
Site Description: .40 acre lot at the end of a cul-de-sac
Area Description: Located among a cul-de-sac of multi family buildings in a residential area. Close to East State Street, the main street through Rockford.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1972
Roof Type: Flat
Construction/Siding: Wood Siding
Exterior Description: Unique 2 story design
Parking Type: Surface
Parking Description: 2 off street parking spaces per unit
Total Parking Spaces: 16
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Window Unit
Lot Frontage: 81.22
Lot Depth: 225
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ALPINE PARK SUB 3 E 1/2 SEC 29-44-2 35-50 LOT 068

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,898 93,524 189,289
Median Age: 38.99 39.41 38.37
Households: 5,135 38,156 76,361
© Copyright Northern Illinois Commercial Association of REALTORS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.