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About the Listing 30214 - 71807,71685
All-Brick Duplex with Significant Income Potential. All-brick duplex offers two spacious 3-bedroom, 1-bath units at 1,322 sq. ft. each. Major systems have been updated, including a new roof in 2013, furnaces replaced in 2023 and 2024, maintenance-free vinyl windows and updated 100-amp electric breakers. The lower unit has been fully remodeled and is move-in ready, featuring new kitchen cabinets and countertops, an updated bathroom with a new mirror, sink, cabinet, toilet, and tiled tub surround, plus fresh paint and new carpeting throughout. This unit should command market rent of at least $900 per month. The upper unit has had a long-term tenant of 11 years and is currently rented at $565/month on a month-to-month basis-well below market rates. With some cosmetic updates, this unit presents a strong opportunity to increase rents to market levels, significantly boosting cash flow. Located just two blocks from Mid-Town and the 7th Street business district, this property offers convenience, stability, and strong investment potential.
Listing Highlights for 517 8th St
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 50X50X65X65X
- Zoning: MULTI
- Roof: Asphalt
- Others: Balcony
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,053
- Taxes w/Assessments: N/A
- Tax/Property ID: 1126280022
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
517 8th St Rockford, IL 61104
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