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$225,000
Est. payment /mo
5 Beds
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12435691
Bedrooms 5
Year Built 1945
Annual Tax Amount $4,990
Tax Year 2024
Lot Size 10,454 Sqft
Lot Dimensions 60x180
Property Sub-Type Two to Four Units
Property Description
Discover a rare gem in the heart of Byron, IL! This exceptional investment property features two separate, well-maintained units, each offering modern comforts and reliable rental income. Perfect for investors or owner-occupants seeking a smart addition to their portfolio, this property combines updated systems with the stability of long-term, established renters. Two distinct units, ideal for maximizing rental income or multi-generational living. Updated Mechanicals & Plumbing: Enjoy peace of mind with modern, energy-efficient systems, ensuring low maintenance costs and tenant satisfaction. Established Tenants: Both units are occupied by reliable, long-term renters, providing immediate and consistent cash flow. Prime Location: Situated in the charming community of Byron, IL, known for its excellent schools and proximity to Rockford's amenities. Move-In Ready: Thoughtfully maintained interiors and exteriors, ready for continued tenant occupancy or new ownership vision. Whether you're a seasoned investor or entering the real estate market, this turnkey property offers a unique blend of stability, modern upgrades, and growth potential. Don't miss out on this opportunity to own a cash-flowing asset in a thriving community!
Location
State IL
County Ogle
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 226, 226, 226
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Casey Cline • Re/Max of Rock Valley