718 Seminary Street Rockford, IL 61104
toacquire 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 andextended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net OperatingIncome 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 trueturnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-keptproperty with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history Strong demand fromtravel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. This property is being sold as a package deal along with718 Seminary Street and 722 Seminary Street. Sold as package deal $960,000
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Listing Office: Gambino Realtors Home Builders
Listing Office Phone: 815-282-2222
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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