8 UNIT MULTI-FAMILY BUILDING

Multi-Family for Sale
Catylist Listing ID: 30567893
Number of Units: 8 Units
Building Size (RSF): 7,068 SF
Gross Land Area: 20,701 SF
Sale Price: $525,000
Unit Price: $65,625 Per Unit
Property Use Type: Investment
Building Name: Cedar Creek Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2020

Overview / Comments

VERY WELL MAINTAINED INVESTMENT OPPORTUNITY IN LOVES PARK. Brick and vinyl 8 family building. All apartments are 2 bedroom, all electric units. 5 car garage and additional off street parking. Upper units have decks for additional living space. In building coin operated laundry room. Harlem Schools. This is a special opportunity to add to your investments or a great starter building.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago County
Tax ID/APN: 1204253016
Zoning: R4 - COMMERCIAL RESIDENTIAL
Percent Occupied: 100%
Property Located Between: East Riverside Blvd & Windsor Rd
Highway Access: Close to I-90 & I-39
Airports: Chicago Rockford International Airport, O'Hare Airport
Site Description: 8 family building with 5 car garage
Area Description: Mostly 2-4 family buildings
Total Number of Buildings: 1
Property Condition: Excellent
Number of Stories: 2
Year Built: 1986
Roof Type: Gable
Construction/Siding: Aluminum Siding, Brick
Parking Type: Structure
Parking Description: 5 covered parking spaces and off street parking
Total Parking Spaces: 14
Laundry: Shared
Heat Type: Electricity
Air Conditioning: Window Unit
Interior Description: Carpeted hallways
Zoning Description: Commercial Residdential
Lot Frontage: 140 113
Lot Depth: 140 185
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Legal Description: PLAT OF CEDAR CREEK BNG REPLAT LOTS 12 & 13 & PT LOTS 9 & 10 OF PLAT NO 1 COLLEGE CREEK PT W1/2 NE1/4 SEC 4-44-2 TRACT LOT A

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,020 69,794 163,242
Median Age: 41.36 42.59 39.38
Households: 6,237 28,745 65,768

Contact

Photograph of Listing Agent

Tina Eisler

Keller Williams Realty Signature
CMCPEX Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Rockford Area REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.