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718 Seminary Street, Rockford, IL 61104

Rockford
Local realty services provided by:CENTURY 21 Affiliated
718 Seminary Street,Rockford, IL 61104
$320,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jay dowthard
Office: gambino realtors home builders
MLS#:12611739
Source:MLSNI

Price summary

  • Price:$320,000

About this home

toacquire 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 andextended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net OperatingIncome 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 trueturnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-keptproperty with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history Strong demand fromtravel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability...

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Home facts

  • Year built:1926
  • Listing ID #:12611739
  • Updated:April 07, 2026 at 11:47 AM

Rooms and interior

  • Bedrooms:4
  • 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:$2,049 (2024)

Parking

  • Total parking spaces:4
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