Duplex Condo - Great Rental History

Multi-Family for Sale
Catylist Listing ID: 30354450
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,668 SF
Gross Building Area: See Agent
Sale Price: $308,900
Unit Price: $154,450 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/28/2020

Overview / Comments

Great Investment Property. Both sides feature the MacIntosh floorplan. 2 Bedrooms, 2 Baths, Great Room Concept, Patio and 2-Car Garage. master Bedroom has walk-in closet. Convenient first floor laundry and mudroom. Wooded views. Excellent rental history. Owner can live in one side and rent out the other or rent both units for a nice return on investment. All kitchen appliances and washer/dryer in both units stay. Lovely location just minutes from I-90, I-39 and US20 - close to shopping, restaurants, schools and medical facilities. Rental income $35,880. Taxes based on owner occupied exemption. Call for financial information 815-963-7400. BROKER INTEREST.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1233456051, 1233456052
Percent Occupied: 100%
Property Located Between: Mulford and Perryville
Highway Access: Interstate 90, Interstate 39, Highway 20
Airports: Chicago Rockford International
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 1
Year Built: 2006
Construction/Siding: Vinyl Siding
Parking Type: Structure
Parking Description: Both units have an attached 2-car garage
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,818 73,629 156,917
Median Age: 41.94 39.06 38.84
Households: 3,613 30,154 63,507

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