712 Seminary Street, Rockford, IL 61104
Local realty services provided by:CENTURY 21 Broughton Team
712 Seminary Street,Rockford, IL 61104
$320,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jay dowthard
Office: gambino realtors home builders
MLS#:12611724
Source:MLSNI
Price summary
- Price:$320,000
About this home
Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Additional highlights: Excellent reviews and strong tenant satisfaction Well-kept property with ongoing maintenance Fully furnished units included in sale Proven occupancy history Strong demand from travel and mid-term renters Efficient operating expenses This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. Sold as package 712,718 & 722 Seminary $960,000....
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Home facts
- Year built:1926
- Listing ID #:12611724
- Updated:April 07, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1926
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$320,000
- Tax amount:$2,129 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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