712 Seminary Street, Rockford, IL 61104

$320,000
  • 712 Seminary Street, Rockford, IL 61104 Main Photo

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Featured Listing New to the Market Active
BEDS0 BATHS SQUARE FEET2,450 MLS#202601863
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

Property Description

Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-kept property with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history Strong demand from travel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. This property is being sold as a package deal along with 718 Seminary Street and 722 Seminary Street.

712 Seminary Street | MLS# 202601863

This multi-family property located at 712 Seminary Street, Rockford, IL 61104 is currently listed for sale by Gambino Realtors, with an asking price of $320,000. Seminary Street is located within the Rockford 205 school district. Search Rockford real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $2,129

Appliances

Dryer
Microwave
Refrigerator
Stove/Cooktop
Washer

Feature Descriptions

Exterior: Brick/Stone
General Features: Additional Parking, Laundry in Building, Patio
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: Rockford 205

Listed By / Shown By

agent picture

Listed By

Agency Name: Gambino Realtors
Agency Phone: (815) 289-7530
Agent Name: Jay Dowthard

Estimate Your Payment

Estimated Payment

$ 1,724.29 per month $1,453.54 Principal & Interest $177.42 Property Tax $93.33 Homeowner's Insurance

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