BEDS2
BATHS1 full
SQUARE FEET759
MLS#202606882
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLRockford 205
Property Description
4-Property Single-Family Investment Portfolio in Rockford. SOLD AS A PACKAGE ONLY. WILL NOT SEPARATE. Excellent opportunity to acquire four income-producing, 2-bedroom, 1-bathroom single-family homes, all extensively renovated in 2024 and currently tenant-occupied with established rental histories. Recent improvements include updated kitchens, bathrooms, flooring, electrical, windows, and interior finishes, along with additional mechanical and exterior upgrades. Current rental income is $4,025/month ($48,300 annual gross). Seller will NOT split up or sell properties individually. Financing limited to portfolio, commercial, blanket, or DSCR loans. Do not disturb tenants. Illinois law requires buyers working with a real estate agent to have a signed written buyer brokerage agreement in place before touring a property.
Property Features
Property Type: Residential - Single Family
Heating: Forced Air, Natural Gas
Home Style: Ranch
Lot Size: 0.12 Acres
Roof Type: Shingle
Taxes: $1,177
Appliances
Refrigerator
Stove/Cooktop
Feature Descriptions
Exterior: Siding, Vinyl
General Features: Main Floor Primary
Sewer: City/Community
Water: City/Community
Local Schools
School District: Rockford 205
Listed By / Shown By
Listed By
Agency Name: Realty of America, LLC
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 508.97 per month $386.10 Principal & Interest $98.08 Property Tax $24.79 Homeowner's Insurance
225 Foster Avenue | MLS# 202606882
This single family home located at 225 Foster Avenue, Rockford, IL 61102 is currently listed for sale with an asking price of $85,000. This property has 2 bedrooms and 1 full baths with 759 sq. ft. Foster Avenue is located within the Rockford 205 school district. Search Rockford real estate on www.gogambino.com today.