2930 Sandy Hollow RD new

Rockford,IL 61109

$ 468000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12196789

Year Built 1967

Annual Tax Amount $9,247

Tax Year 2023

Lot Dimensions 179.60X164.55X100X100

Property Description

**MOTIVATED SELLER** This solid brick building is located near Sandy Hollow Golf Course, just off Hwy 90 and Alpine. It's a 6-unit building with an 8-spot carport and 4 additional parking spaces in the lot. Despite the newer developments in the Hampton neighborhood, this building still stands out with its timeless charm. The building consists of five 2-bedroom, 1-bath apartments, and one 1-bedroom, 1-bath apartment. A coin-operated laundry facility is available in the common area. Four of the apartments have been fully renovated in recent years. The average rent is currently 870.00 per unit, generating a monthly income of 5,520. This can be easily increased to 5,920 to align with market rates, average of 986 per unit. AGENT OWNED

Location

State IL

County Winnebago

Area Rockford

Zoning MULTI

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Utilities Available Water-Municipal

Roof Type Fiberglass

Building

Dwelling Type Multi Family 5+

Level or Stories 3

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