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706-708 King ST Rockford, IL 61103
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Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12316271
Bedrooms 4
Year Built 1950
Annual Tax Amount $3,063
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Fully Renovated Brick 2-Flat - Turnkey Investment! This beautifully updated brick 2-flat at 706 King St, Rockford, IL is a fantastic income-generating opportunity. Each unit features 2 bedrooms and 1 bathroom, currently rented for 800 per month (per unit), ensuring steady cash flow. The property boasts a 2-car garage and cement driveway for added convenience. Recently renovated from top to bottom, updates include a brand-new kitchen, modernized bathrooms, refinished hardwood floors, and all-new windows for improved efficiency and style. The roof was replaced in 2012, and the landlord provides boiler heat for tenant comfort. The divided basement offers separate laundry and storage areas for each unit. Turnkey and move-in ready, this is a prime investment opportunity-don't miss out! Property is currently occupied by a tenant. SOLD AS-IS
Location
State IL
County Winnebago
Area Rockford
Interior
Heating Natural Gas, Forced Air
Exterior
Garage Spaces 2.0
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 205 , 205, 205
Others
Special Listing Condition None
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Bought with Ana Espinoza • Exclusive Living, Inc