BEDS0
BATHS
SQUARE FEET2,450
MLS#202601864
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRockford 205
Property Description
Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Property is being sold as a package deal along with 712 Seminary Street and 722 Seminary Street.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $2,049
Appliances
Dryer
Microwave
Refrigerator
Stove/Cooktop
Oven
Washer
Feature Descriptions
Days on Site: 12
Exterior: Brick/Stone
General Features: Additional Parking, Laundry in Unit, On Bus Route, Patio
Separate Utilities: Yes
Sewer: City
Water: City
Local Schools
School District: Rockford 205
Listed By / Shown By
Listed By
Agency Name: Gambino Realtors
Shown By
Agent Name: Vikki Turnmire
Agent Phone: (815) 608-7229 Cell
Estimate Your Payment
Estimated Payment
$ 1,717.62 per month $1,453.54 Principal & Interest $170.75 Property Tax $93.33 Homeowner's InsuranceChange Payment Information
Vikki Turnmire
Office: (815) 282-2222 ext. 1439
Cell: (815) 608-7229
Fax: (815) 282-2268
Office: (815) 282-2222
Direct : (815) 608-7229
Direct-Cell Phone: (815) 608-7229
Voice Mail: (815) 608-7229
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718 Seminary Street | MLS# 202601864
This multi-family property located at 718 Seminary Street, Rockford, IL 61104 is currently listed for sale by Gambino Realtors, with an asking price of $320,000. Seminary Street is located within the Rockford 205 school district. Search Rockford real estate on vturnmire.gogambino.com today.