Craig Newcomb
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Step into a prime investment opportunity in the heart of Rockford with this meticulously maintained 4-family ranch-style property. All brick, this four-unit boasts an impressive design perfect for savvy investors or those seeking to expand their portfolio. Each unit has been thoughtfully updated, featuring new carpeting that enhances the cozy and inviting atmosphere while remaining easy to maintain. Comfort is guaranteed year-round, with gas-forced-air heating and central air conditioning in each apartment, ensuring tenant satisfaction no matter the season. Modern conveniences are at your fingertips: tenant-owned washers & dryers and washer and dryer hookups in the basement. The expansive parking area allows ample space for all residents' vehicles, promoting an attractive living arrangement in a bustling rental market. Strategically positioned near local amenities, including shops, restaurants, and public transit routes, it offers unmatched accessibility for lifestyle needs. Whether you're looking to capitalize on income potential or provide excellent housing options within the community, this multi-family gem stands out as a first-rate choice. Don't miss your chance to own this exceptional property where every detail caters to comfort and profitability!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Winnebago
High School: Guilford High School
Listed By:
Door To Door Realty
815-559-2100
MRED MLS
MLS ID: 12598802
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551 Donna Drive, Rockford, IL 61107.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $430,000 | $430,000 | $430,000 |
| Down Payment | $86,000 | $15,050 | $107,500 |
| Monthly Mortgage Amount | $2,062 | $2,531 | $2,635 |
| Taxes | $598 | $598 | $598 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $189 | $0 |
| Monthly Estimated Total | $2,785 | $3,443 | $3,358 |
Craig Newcomb
REALTOR®
Managing Broker
Office: (563) 441-5043
Cell: (563) 340-1035
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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