$468,000
2930 Sandy Hollow Road Rockford, IL 61109
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$468,000
Est. payment /mo
UPDATED:
11/06/2024 06:06 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12196789
Year Built 1967
Annual Tax Amount $9,247
Tax Year 2023
Lot Dimensions 179.60X164.55X100X100
Property Description
**MOTIVATED SELLER** This solid brick building is located near Sandy Hollow Golf Course, just off Hwy 90 and Alpine. It's a 6-unit building with an 8-spot carport and 4 additional parking spaces in the lot. Despite the newer developments in the Hampton neighborhood, this building still stands out with its timeless charm. The building consists of five 2-bedroom, 1-bath apartments, and one 1-bedroom, 1-bath apartment. A coin-operated laundry facility is available in the common area. Four of the apartments have been fully renovated in recent years. The average rent is currently 870.00 per unit, generating a monthly income of 5,520. This can be easily increased to 5,920 to align with market rates, average of 986 per unit. AGENT OWNED
Location
State IL
County Winnebago
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Utilities Available Water-Municipal
View Y/N true
Roof Type Fiberglass
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Yuan Schacht • Berkshire Hathaway HomeServices Crosby Starck Real
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