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About This Home

This 0-bedroom, 0-bathroom residential multi family at 712 Seminary in ROCKFORD, IL is listed for $320,000. on a N/A lot.

Agent Description

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. Excellent reviews and strong tenant satisfaction. Well-kept property with ongoing maintenance. Fully furnished units included in sale.

Proven occupancy history. Strong demand from travel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. This property is being sold as a package deal along with 718 Seminary Street and 722 Seminary Street.

Key Features

  • 4 parking spaces

Property Details

4 spaces

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

712 Seminary

ROCKFORD, IL 61104

Features & Amenities

Interior Features

Additional ParkingLaundry In Building

Exterior Features

Patio

Property Details

Construction

BrickStone

Heating

Forced AirNatural Gas

Cooling

None (Cooling)

Appliances

CooktopDryerMicrowaveRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 712 Seminary is listed at $320,000. The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: 4 parking spaces. Interior Features: Additional Parking, Laundry In Building. Exterior Features: Patio.

This property is listed by Jay Dowthard and can be reached at 8152897530 or jaydowthard74@gmail.com.

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JD

Jay Dowthard

Agent at Gambino Realtors

(815) 289-7530

Listed by Gambino Realtors · View on Broker Site

MLS# 202601863· Source: listhub· Updated 4 days ago

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

712 Seminary, ROCKFORD, IL 61104

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