712 Seminary St, Rockford, IL 61104

$960,000
  • 712 Seminary St, Rockford, IL 61104 Main Photo

31 Total Photos [Click to View All]

Featured Listing New to the Market AVAILABLE
LOT SIZE 0.120 acres SQUARE FEET2,450 MLS#44647186
STATUSAVAILABLE PROPERTY TYPELand - Commercial

Property Description

Turnkey Furnished Rental Portfolio รข?? Fully Occupied with Proven Income & Excellent ReviewsExceptional 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.Additional highlights:Excellent reviews and strong tenant satisfactionWell-kept property with ongoing maintenanceFully furnished units included in saleProven occupancy historyStrong demand from travel and mid-term rentersEfficient operating expensesThis is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place.

712 Seminary St | MLS# 44647186

This land located at 712 Seminary St, Rockford, IL 61104 is currently listed for sale by GAMBINO REALTORS-Rkfd, with an asking price of $960,000. The property has approximately 0.12 Acres. Search Rockford real estate on dkarns.gogambino.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.12 Acres

Feature Descriptions

APN: 11-26-178-006
Days on Site: 1

Listed By / Shown By

Listed By

Agency Name: GAMBINO REALTORS-Rkfd

agent picture

Shown By

Agent Name: Dawn Karns
Agent Phone: (815) 494-6507

Estimate Your Payment

Estimated Payment

$ 4,640.62 per month $4,360.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $280.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel