553 N Warren Avenue new Save Request In-Person Tour Request Virtual Tour
Freeport,IL 61032
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 836 sqft
Price per Sqft $53
MLS Listing ID 12263141
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1900
Annual Tax Amount $943
Tax Year 2023
Lot Size 10,890 Sqft
Lot Dimensions 80 X 141 X 80 X 141
Property Description
**Exceptional Investment Opportunity: Fully Leased 11-Property Portfolio!** Don't miss your chance to own this remarkable investment portfolio comprising a well-maintained duplex, nine single-family homes, and an additional lot zoned for a duplex, creating the potential for 14 total units. All properties are conveniently located within three blocks of each other for streamlined management. With an average price of just 46,000 USD per unit, this is a rare opportunity to capture a slice of the booming Rockford-Freeport area housing market recognized by Forbes and the Wall Street Journal as one of the nation's top markets, due to their high demand for affordable housing. The Pro Forma rental estimates are based on current market conditions and verified through Zillow for each property, ensuring you have the data needed to make an informed investment decision. A rental property Pro Forma and Rent Roll are available upon request. Take this investment opportunity before it's gone!
Location
State IL
County Stephenson
Rooms
Basement Full,English
Interior
Interior Features First Floor Bedroom,First Floor Full Bath
Heating Natural Gas,Forced Air
Cooling None
Fireplace N
Appliance Double Oven,Refrigerator,Cooktop
Exterior
View Y/N true
Roof Type Asphalt
Building
Story 1 Story
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 145,145,145
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None