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551 Donna Drive Rockford, IL 61107 Multi Unit - Multiple Re-activated

  • 551 Donna Drive, Rockford, IL 61107 Main Photo

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Description

Step into a prime investment opportunity in the heart of Rockford with this meticulously maintained 4-family ranch-style property. All brick, this four-unit boasts an impressive design perfect for savvy investors or those seeking to expand their portfolio. Each unit has been thoughtfully updated, featuring new carpeting that enhances the cozy and inviting atmosphere while remaining easy to maintain. Comfort is guaranteed year-round, with gas-forced-air heating and central air conditioning in each apartment, ensuring tenant satisfaction no matter the season. Modern conveniences are at your fingertips: tenant-owned washers & dryers and washer and dryer hookups in the basement. The expansive parking area allows ample space for all residents' vehicles, promoting an attractive living arrangement in a bustling rental market. Strategically positioned near local amenities, including shops, restaurants, and public transit routes, it offers unmatched accessibility for lifestyle needs. Whether you're looking to capitalize on income potential or provide excellent housing options within the community, this multi-family gem stands out as a first-rate choice. Don't miss your chance to own this exceptional property where every detail caters to comfort and profitability!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Winnebago
High School: Guilford High School
Listed By:
Door To Door Realty 815-559-2100
MRED MLS
$430,000
Est. $2,785/mo
8beds
4baths
4cars
Re-activated
BEDS8 BATHS4 full MLS#12598802
STATUSRe-activated PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

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Ruhl&Ruhl Realtors
563.441.1776

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551 Donna Drive, Rockford, IL 61107.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $430,000$430,000$430,000
Down Payment $86,000$15,050$107,500
Monthly Mortgage Amount $2,062$2,531$2,635
Taxes $598$598$598
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$189$0
Monthly Estimated Total $2,785$3,443$3,358

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