House and garage with loft apartmenet

Multi-Family for Sale
Catylist Listing ID: 30408546
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,584 SF
Gross Land Area: 7,088 SF
Sale Price: $89,900
Unit Price: $44,950 Per Unit
Property Use Type: Investment
Usable Size (USF): 1,584 SF
Sale Terms: Cash to Seller
Cap Rate: 10.15%
Average Occupancy Rate: 90
Last Updated: 9/10/2020

Overview / Comments

Unique offering - Sharp 2 Br house with many newers and a 24 X 24 garage with gorgeous loft apartment. Current rents are $1225/Mo, landlord pays water only. Very motivated seller.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford
Tax ID/APN: 12-29-205-026
Zoning: R-2
Percent Occupied: 100%
Total Number of Buildings: 2
Property Condition: Excellent
Year Built: 1983
Year Renovated: 2015
Roof Type: Arched
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Ample off street parking for about 6 cars
Total Parking Spaces: 6
Laundry: In Each Unit
Heat Type: Electricity
Fuel: Electric
Air Conditioning: Other
Interior Description: Both units are very nicely renovated.
Lot Frontage: 40
Lot Depth: 157.5
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,529 103,457 194,566
Median Age: 37.21 39.1 38.16
Households: 4,162 42,280 78,165


Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.