Income Producing Multi-Family Property!

Multi-Family for Sale
Catylist Listing ID: 30285123
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 1,900 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $124,750 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: Walden Woods Lot 39
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/9/2018

Overview / Comments

EXCELLENT INCOME PROPERTY. Beautiful setting conveniently located off Harrison Ave. near Mulford Road. Excellent rental history. (4) Townhouse-style Condos with fully exposed, finished, walk-out lower levels - all 4 units have a fireplace, laundry, Mainfloor MBR Suite, deck and patio - (2 units) 2-BR, 2-Baths, LL features 2nd BR, Family Room and patio. (2 units) 3-BR, 2.5 Baths, LL has 3rd BR, Family Room and walk-out to patio. Listing includes addresses 5643, 5645, 5647 and 5649 Cherryleaf Lane. Taxes listed are for all 4 PINs.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Total Number of Buildings: 1
Property Condition: Excellent
Construction/Siding: Vinyl Siding
Parking Description: Each unit has 2-car attached Garage
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Part of Planned Development?: Yes
Lot Frontage: 172.12
Lot Depth: 119.46
Water Service: Municipal
Sewer Type: Municipal
Legal Description: FIRST WALDEN ROCKFORD CONDOS PT SE1/4 SEC 33-44-2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,818 72,177 152,221
Median Age: 41.94 38.99 38.64
Households: 3,613 29,563 61,528


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