203 CARLTON, Rockford, IL 61103

$142,500
7,056
SqFt
List Price
$142,500
Days on Market
10
Status
ACTIVE AND AVAILABLE
MLS#
201907598
Living Area
7,056

Property Description

VERY NICE 3 FAMILY APARTMENT BUILDING ONE BLOCK FROM THE ROCK RIVER. THIS BUILDING IS MADE UP OF 2-2 BEDROOMS AND 1-1 BEDROOM UNIT. THE ANNUAL RENT IS OVER $24,500 WITH TENANTS PAYING ALL UTILITIES. AFTER EXPENSES THE BUILDING HAS A NET OPERATING INCOME OF OVER $15,000. GREAT OPPORTUNITY TO ADD TO YOUR REAL ESTATE PORTFOLIO OR DIVERSITY AND START BUILDING EQUITY AND CASH FLOW. CAN BE A PACKAGE DEAL. VERY UNIQUE OPPORTUNITY TO INVEST IN THE DOWNTOWN RIVER DISTRICT. 4 CAR DETACHED GARAGE.

Additional Information

Heating
Hot Water/Steam
Cooling
None
Roof
Shingle
Water
City
Sewer
City
School District
Rockford 205
Elementary School1
District 205-Rfd
Middle School
District 205-Rfd
High School
District 205-Rfd

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of DICKERSON & NIEMAN.