144 Broadway Pending

Rockford,IL 61104

$ 125000

- Bed

- Bath

1872 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $66

MLS Listing ID 202506000

Style 2 Story

Annual Tax Amount $1,460

Tax Year 2024

Property Sub-Type 2 Units

Property Description

Excellent investment potential awaits with this solid brick 2-flat, ideally situated on a nice corner lot. Both units are spacious and identical offering 2 bedrooms and 1 bath. Unit #1 is currently owner-occupied and recently upgraded to a new central air and furnace system for peace of mind. Unit #2 provides immediate rental income with a reliable, tenant paying $650 per month on a month-to-month lease. The separate water heater tank and furnace for the second unit offers a huge convenience for easy management. Additional features include a large, two car detached for extra storage or parking.

Location

State IL

County Winnebago County

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air,Natural Gas

Cooling Central Air

Exterior

Exterior Feature Brick/Stone

Garage Spaces 2.0

Roof Type Shingle

Building

Sewer City

Water City

Schools

Elementary Schools Constance Lane Elementary School

Middle Schools Abraham Lincoln Middle

High Schools Rockford East High

School District Rockford 205

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