208 Flintridge Dr, Rockford, IL

House

For Sale

Listed price in listed location currency (USD).

$1,155,000

0030

MLS® 202604567

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 10940 sqft

Garage

Taxes $17,000

Days Active 2

Lot Size

Approx. Age 1968

Avg. Price Per Sqft $105

MLS® Number 202604567

Property Address: 208 Flintridge Dr, Rockford, IL, 61107-5096

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. Sold together with 196 Flintridge Dr. One vacant unit is intentionally being kept available for easy showings and provides an immediate leasing opportunity. The property features an average monthly rent of $1, 070 per unit, offering strong in-place cash flow with additional upside through lease renewals and future rent growth. Major capital improvements have already been completed, including one roof replaced within the last 10 years. The buildings are served by four hot water heaters, with two approximately 7 years old and two recently replaced, helping reduce future capital expenditures. All 11 Units are 2 Bedroom 1 Bathroom. PRICE IS PER BUILDING. 2.31M for both 196 and 208.

MLS® Number202604567

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1968

Basement

DrivewayAdditional Parking

Garage Spaces

HeatHot Water/Steam

A/CWall Unit

Extras

Map

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