Table of Content
The owner pays for water, sewer, and trash. Tenant pays for gas and electric. Drainage tile and French drain installed for dry basement. The current rent east side is $680 (long-term tenant), west was $750. For 2nd showings Unit #2 will need a 24 hour notice.
Upper unit has long term tenant and pays $500 month, lower unit tenant rent $600 month. There's a LR, DR, Kit, BR and sun room plus full bath on each level. One hot water boiler with 2 water heaters, 2 electric and 2 gas meters. The downstairs unit is rented at $635. The upstairs unit is 2 bedrooms, but needs new flooring in the kitchen and back entrance.
Zip Codes
This map is refreshed with the newest listings in Rockford every 15 minutes. Save your filters and get updated when new homes hit the market. One of them is Annabelle Ellis. She’s lived on Lapp Court for 50 years. She lives across the street from a boarded up home.
Close to hospital and shopping. Building is occupied by tenants. Seller has other rental properties for sale.
How to buy a home in Rockford, IL
If the home was condemned because of code and safety violations, you might need to put a significant investment into the property to bring it up to date. A condemned home may initially seem doomed, that its only future purpose is demolition. However, you can absolutely fix a condemned house and, in many cases, restore it to a beautiful property. In this case, having a good real estate agent on your side can be very valuable.
Great location and great potential for rental income! Unit 3 is not to be shown until after property under contract. Units 1,2,4 are available for showings. Great Investment opportunity or live in!! Freshly painted and newly resurfaced wood flooring in this attractive Colonial style duplex building with lots of character!
More real estate resources for Rockford
Units 1-2 have 1 full bathroom. All units have their own unfinished basement space. Three units are currently vacant and one unit has a had a long term tenant. Parking located on the side of the property as well as street parking is available.
Our Rockford real estate stats and trends will give you more information about home buying and selling trends in Rockford. In the midst of Haight Village Historic District is this Duplex built in the 1900 with Historic Status. Own a part of history and bring this diamond in the rough to its natural beauty. A rare find with both units having 4 bedrooms. ROCKFORD — KFC has started making repairs to its location on 11th Street that was condemned in May after a gas leak was discovered at the property. A home’s condemned status can be reversed, too, as long as the reasons it was condemned in the first place are corrected.
Gun store owner says he’ll sue over proposed ban
“After a home has been renovated or replaced with a better version of itself, the stigma goes away and the homeowners will have a house they love,” Phillips said. The issues could be serious and structural in nature, or something as simple as electrical wiring. Be sure to get copies of the original condemned orders as well as a trusted home inspection before you buy, so you know what you are getting yourself into. Having a partner investor or working with a hard money lender can be a good way to purchase the property and also have the cash necessary to complete your project. If you’re looking to rehabilitate the home—either to live there yourself or even flip the house—you’ll want to do your due diligence and determine what you can afford.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Brick 5 unit Multi-Family downtown Rockford. Parking is off street parking.
That unit also needs some cleaning. The new garage is not rented to the current tenants and could be additional rent. Top unit is $700/Mo and bottom unit is $635/mo. This is a great investment property in northwest Rockford. This building has 4 units- all are 2 bedroom.
A home can also be considered condemned when eminent domain powers are exercised. This means a perfectly safe home may be forcibly acquired and modified—or in some cases, even destroyed—simply because of its location. According to officials with the Rockford fire department, a call came in just before 11 am, Sunday in the 1400 block of James Avenue. Two adults living at the home got out without injury, but are now displaced.
Tenants pay their own electricity. Owner to pay gas, water, sewer, and garbage. Great 2 story duplex located on a spacious corner lot with newer roof and 3 car garage. Walk up attic is accessible from upper unit and is unfinished. Laundry hook-up in the basement.
No comments:
Post a Comment