718 Seminary Street Rockford IL 61104 $320,000

Property Description

718 Seminary Street Rockford IL 61104 - Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. The property can be purchased individually or together as part of a package with 712 Seminary Street and 722 Seminary Street.

Multi-Family
Status: Sold
Total Number of Units: 0
Square Feet: 0
School District: Rockford
High School: Rockford East High
MLS#: 202601864
Listing Company: Gambino Realtors
Zip Code: null

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