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About This Home
This 0-bedroom, 0-bathroom residential multi family at 722 Seminary in ROCKFORD, IL is listed for $320,000. on a N/A lot.
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. Property is being sold as a package deal along with 712 Seminary Street and 718 Seminary Street.
Key Features
- 2 parking spaces
Property Details
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
722 Seminary
ROCKFORD, IL 61104
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 722 Seminary is listed at $320,000. The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.
Key features include: 2 parking spaces. Interior Features: Additional Parking, Laundry In Building, Storage Area.
This property is listed by Jay Dowthard and can be reached at 8152897530 or jaydowthard74@gmail.com.