BEDS0
BATHS
SQUARE FEET1,782
MLS#202601682
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRockford 205
Property Description
Check out this investment opportunity at 1415 5th Ave in Rockford, IL. This duplex offers steady rental income with room to increase value. The lower unit is clean and move-in ready with no work needed. Tenant in place now with a month to month lease. The upper unit could benefit from updates, giving you a chance to raise rent and improve overall value. Utilities are set up efficiently: gas is split 50/50 between tenants, electric is separately metered and paid by tenants, and the landlord currently covers water, sewer, and garbage-leaving room to adjust for better returns. Located in a solid rental area, this property offers both reliable income and future growth potential.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $1,715
Appliances
Refrigerator
Stove/Cooktop
Feature Descriptions
Exterior: Siding, Vinyl
Separate Utilities: Yes
Sewer: City
Water: City
Local Schools
School District: Rockford 205
Listed By / Shown By
Listed By
Agency Name: Smart Home Realty
Shown By
Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900
Estimate Your Payment
Estimated Payment
$ 457.32 per month $277.97 Principal & Interest $142.92 Property Tax $36.43 Homeowner's Insurance
1415 5th Avenue | MLS# 202601682
This multi-family property located at 1415 5th Avenue, Rockford, IL 61104 is currently listed for sale with an asking price of $124,900. 5th Avenue is located within the Rockford 205 school district. Search Rockford real estate on www.dickersonnieman.com today.