BEDS0
BATHS
SQUARE FEET1,392
MLS#202601794
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRockford 205
Property Description
Two Unit Investment Opportunity! Featuring two one bedroom units, ideal for investors or an owner-occupant. The upper unit is currently rented at $680/month (below market), offering immediate upside with rents projected between $975-$1,000+ per unit. The property has a solid roof (approx. 10 years old) and sits on a large lot directly next to a park, adding strong tenant appeal. Built in the early 1900s. With a gross potential annual income of $23,400, this is a great opportunity to increase cash flow and build equity. Perfect for investors looking to add value or live in one unit while generating income from the other. Property is being sold As-Is. Front soffit is being repaired and will be painted within a week.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $782
Appliances
Stove/Cooktop
Feature Descriptions
Days on Site: 1
Separate Utilities: Yes
Sewer: City
Water: City
Local Schools
School District: Rockford 205
Listed By / Shown By
Listed By
Agency Name: Gambino Realtors
Agency Phone: (815) 289-7530
Agent Name: Jay Dowthard
Estimate Your Payment
Estimated Payment
$ 480.89 per month $390.64 Principal & Interest $65.17 Property Tax $25.08 Homeowner's Insurance
1105 N Horsman Street | MLS# 202601794
This multi-family property located at 1105 N Horsman Street, Rockford, IL 61101 is currently listed for sale by Gambino Realtors, with an asking price of $86,000. N Horsman Street is located within the Rockford 205 school district. Search Rockford real estate on www.gogambino.com today.