3-Unit Investment Property - Turnkey & Updated! Great opportunity to own this well-maintained 3-unit apartment building, perfect for investors or owner-occupants looking to generate rental income. The property features three fully rented units with a strong rental history: Lower Unit: Spacious 2 bedroom layout currently renting for $1000 per month. Second Floor Unit: 1 bedroom with newer kitchen cabinets and countertops, is vacant and has a past rental history of $800/month. Third Floor Studio: Cozy studio apartment currently rented for $600/month. Recent updates include fresh interior paint and some new flooring throughout the property, ensuring a clean and modern look. Tenants enjoy the convenience of off-street parking and a full basement offering extra storage or potential utility space. Whether you're expanding your portfolio or just getting started, this income-producing property is a solid investment with immediate cash flow. Don't miss out-schedule your showing today!
Pending
$160,000
721 2nd Ave, Rockford, IL 61104
3beds
--sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$160,800 Zestimate®
$--/sqft
$-- HOA
What's special
Full basementOff-street parkingNew flooringFresh interior paint
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