Bought with NON-NWIAR Member • NorthWest Illinois Alliance of REALTORS®
$190,000
$184,990
2.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2,430 SqFt
SOLD DATE : 06/13/2025
Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type 2 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,430 sqft
Price per Sqft $78
Subdivision Il
MLS Listing ID 202501279
Sold Date 06/13/25
Style 2 Story
Bedrooms 4
Annual Tax Amount $3,064
Tax Year 2023
Property Sub-Type 2 Units
Property Description
Fully Renovated Brick 2-Flat - Turnkey Investment! This beautifully updated brick 2-flat at 706 King St, Rockford, IL is a fantastic income-generating opportunity. Each unit features 2 bedrooms and 1 bathroom, currently rented for 800 per month (per unit), ensuring steady cash flow. The property boasts a 2-car garage and cement driveway for added convenience. Recently renovated from top to bottom, updates include a brand-new kitchen, modernized bathrooms, refinished hardwood floors, and all-new windows for improved efficiency and style. The roof was replaced in 2012, and the landlord provides boiler heat for tenant comfort. The divided basement offers separate laundry and storage areas for each unit. Turnkey and move-in ready, this is a prime investment opportunity-don't miss out! Property is currently occupied by a tenant. SOLD AS-IS
Location
State IL
County Winnebago County
Area 18
Rooms
Basement Full
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling None
Exterior
Exterior Feature Brick/Stone
Garage Spaces 2.0
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools R K Welsh Elementary
Middle Schools West Middle
High Schools Guilford High
School District Rockford 205
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