Courtesy of: Ashley Patino, The Agency X, ashleypatino2001@gmail.com
Courtesy of: Ashley Patino, The Agency X, ashleypatino2001@gmail.com
$425,000
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8 bed
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8.00 Bath (8 Full)
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Lot: 0.10 Acres
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Other
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$425,000
616 Market Street Excellent investment opportunity in Rockford! This fully occupied 8-unit multifamily property features eight 1-bedroom, 1-bathroom apartments, offering immediate rental income and potential for future growth. The property generates $60, 900 in annual GOI with a reported NOI of $41, 745, representing a 9.82 cap rate at the asking price of $425, 000. Featuring an attractive brick exterior and a convenient location 3 minutes from downtown Rockford, this property presents a great opportunity for investors looking to expand their portfolio with an established income-producing asset.
Courtesy of: Ashley Patino, The Agency X, ashleypatino2001@gmail.com
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