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2242 7th Street Rockford, IL 61104 • Multi Unit - Multiple • PENDING

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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
$175,000
Est. $1,172/mo
1,590sqft
PENDING
BEDS0 BATHS SQUARE FEET1,590 MLS#202602009
STATUSPENDING PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205
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Shown By

Marc Simpson
 (319) 331-7930

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2242 7th Street, Rockford, IL 61104.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 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

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