Rockford, IL 61103,706-708 King ST
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$184,990
Est. payment /mo
4 Beds
2 Baths
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12316271

Bedrooms 4

Year Built 1950

Annual Tax Amount $3,063

Tax Year 2023

Lot Dimensions 50X50X150X150

Property Sub-Type Two to Four Units

Property Description

Fully Renovated Brick 2-Flat - Turnkey Investment! This beautifully updated brick 2-flat at 706 King St, Rockford, IL is a fantastic income-generating opportunity. Each unit features 2 bedrooms and 1 bathroom, currently rented for 800 per month (per unit), ensuring steady cash flow. The property boasts a 2-car garage and cement driveway for added convenience. Recently renovated from top to bottom, updates include a brand-new kitchen, modernized bathrooms, refinished hardwood floors, and all-new windows for improved efficiency and style. The roof was replaced in 2012, and the landlord provides boiler heat for tenant comfort. The divided basement offers separate laundry and storage areas for each unit. Turnkey and move-in ready, this is a prime investment opportunity-don't miss out! Property is currently occupied by a tenant. SOLD AS-IS

Location

State IL

County Winnebago

Area Rockford

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 205 , 205, 205

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Jesse Dabson • Key Realty - Rockford

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Jacqueline Knight

+1(608) 440-1740

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706-708 King ST