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Description
Turnkey All-Brick Ranch Duplex in Prime Location! Exceptional opportunity for both savvy investors and owner-occupants! Nestled on a spacious corner lot, this solid all-brick, ranch-style duplex is a rare find. Both units have been thoughtfully updated and are currently fully rented, offering immediate cash flow from day one. Whether you are looking to "house hack" by living in one unit while the other pays your mortgage, or you are seeking a reliable, low-maintenance addition to your investment portfolio, this property truly delivers. The location is absolutely unbeatable-enjoy the convenience of being just minutes away from vibrant downtown amenities, premium shopping, major hospitals, and easily accessible public transportation. Don't miss your chance to own this income-producing gem. Schedule your showing today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,590
County: Winnebago
Listed By:
Gambino Realtors
Rockford Board of Realtors
MLS ID: 202602009
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2242 7th Street, Rockford, IL 61104.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $175,000 | $175,000 | $175,000 |
| Down Payment | $35,000 | $6,125 | $43,750 |
| Monthly Mortgage Amount | $828 | $1,030 | $1,064 |
| Taxes | $244 | $244 | $244 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $77 | $0 |
| Monthly Estimated Total | $1,172 | $1,451 | $1,408 |