712 Seminary Street, Rockford, IL 61104
Local realty services provided by:CENTURY 21 Affiliated
712 Seminary Street,Rockford, IL 61104
$320,000
- - Beds
- - Baths
- 2,450 sq. ft.
- Multi-family
- Pending
Listed by: jay dowthard
Office: gambino realtors
MLS#:202601863
Source:IL_RAAR
Price summary
- Price:$320,000
- Price per sq. ft.:$130.61
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. 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. The property can be purchased individually or together as part of a package with 718 Seminary Street and 722 Seminary Street....
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Home facts
- Listing ID #:202601863
- Added:135 day(s) ago
- Updated:July 23, 2026 at 04:22 PM
Rooms and interior
- Kitchen Description:Microwave, Refrigerator, Stove/Cooktop
- Basement Description:Full
- Living area:2,450 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Shingle
- Building area:2,450 sq. ft.
- Construction Materials:Brick/Stone
- Exterior Features:Patio
- Levels:2 Story
Schools
- High school:Rockford East High
- Middle school:Abraham Lincoln Middle
- Elementary school:Constance Lane Elementary School
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$320,000
- Price per sq. ft.:$130.61
Features and amenities
- Laundry features:Dryer, Laundry In Building, Washer
- Amenities:Additional Parking, Laundry In Building
Parking
- Parking description:Additional Parking
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