910 4th Ave - Rockford 4-Unit Apartment Building 4 Unit Apartment Building Offered at $325,000 at a 11.91% Cap Rate Rockford, IL 61104

Turn-key investment opportunity in the heart of Rockford's thriving Midtown District. This solid all-brick four-unit building was fully renovated in 2022 and offers the kind of stability and cash flow investors are looking for. Each unit features a spacious 2 bedroom, 1 bathroom layout designed for comfortable living. The property is professionally maintained and easy to manage, with tenants responsible for their own electric and gas. All four units have central heat and window air conditioning. The building currently has two month-to-month leases and two term leases, providing both reliable income and future flexibility for the new owner. With a strong rental history and exceptional on-time payment record, this property has already proven itself as a dependable performer. Tenants enjoy convenient amenities including coin laundry in the building, four dedicated basement storage units, two covered parking spaces, and additional green space adjacent to the building. The location is another major advantage-close to schools, shopping, restaurants, and everyday conveniences that make Midtown a highly desirable area for renters. Generating $46,500 in gross annual rental income, this fully renovated property is truly a plug-and-play investment. Everything has already been done for you. Step in, start collecting income from day one, and add a strong, stable asset to your portfolio.