Rockford, IL 61104
sale
$125,000
|
Other
Courtesy Of Real People Realty
INVESTOR SPECIAL Built in 1915, this value-add mixed-use property offers immediate income potential with significant room to increase returns. The upper level features four residential units, including two one-bedroom apartments and two studio units-ideal for generating multiple income streams. The main level storefront provides street presence and flexibility for store, retail, office or service-based tenants adding even more potential. This property is primed for improvement. While it needs updating, major exterior components have already been addressed, including a newer roof and a new rear deck/ back porch. This property presents a strong opportunity for increased cash flow and long-term appreciation. Perfect for investors looking to add value and maximize ROI. Don't miss your chance to transform this classic building into a high-performing asset. Schedule your showing today!
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Property Features
- Age: Over 50 Years Old
- Building Units: 5
- Cooling System: Central Air
- Exterior Type: Block
- Floors: 2
- MLSID: 12594125
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