BEDS0
BATHS
MLS#12711569
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. One vacant unit is intentionally being kept available for easy showings and provides an immediate leasing opportunity. The property features an average monthly rent of $1,070 per unit, offering strong in-place cash flow with additional upside through lease renewals and future rent growth. Major capital improvements have already been completed, including one roof replaced within the last 10 years. The buildings are served by four hot water heaters, with two approximately 7 years old and two recently replaced, helping reduce future capital expenditures.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Sleeve
Lot Size: 118X157X143X228
Stories: 2.0
Taxes: $34,222
Year Built: 1968
Feature Descriptions
HVAC: Hot Water
Lot Dimensions: 118X157X143X228
Parcel#: 1229226022
Units: 11
Listed By / Shown By
Listed By
Agency Name: Realty One Group Strategies
Agency Phone: 779-772-0744
Shown By
Agent Name: Vikki Turnmire
Agent Phone: (815) 608-7229 Cell
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 14,018.32 per month $10,492.74 Principal & Interest $2,851.83 Property Tax $673.75 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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196 Flintridge Drive | MLS# 12711569
This multi-family property located at 196 Flintridge Drive, Rockford, IL 61107 is currently listed for sale with an asking price of $2,310,000. Search Rockford real estate on vturnmire.gogambino.com today.