Incredible investment opportunity! There are four 2-bed, 1-bath units, each with 1 shared garage parking spot. All of the units have been updated since 2017 with the most recent, unit 4, being finished in March of 2026. Each unit has a private basement with laundry hooks-ups. New roof in 2018. Hardwood floors in all bedrooms, laminate/LVP/ceramic tile, in kitchens and living rooms. Currently two units are occupied with rents of $950 and $1,000. All units have slightly different updates. Three units have central A/C. Separate gas and electric paid by tenants. Water, sewer, and garbage are paid by owner. All brick siding.
Listed By
Agency Name: Dickerson & Nieman Realtors - Rockford
Shown By
Agent Name: Julie Wilson
Agent Phone: (815) 378-7749
Estimated Payment
$ 1,769.07 per month $945.87 Principal & Interest $699.25 Property Tax $123.96 Homeowner's Insurance
5870 Garrett Lane | MLS# 12594296
This multi-family property located at 5870 Garrett Lane, Rockford, IL 61107 is currently listed for sale by Dickerson & Nieman Realtors - Rockford, with an asking price of $425,000. Garrett Lane is located within the District 205 school district. Search Rockford real estate on juliewilson.dickersonnieman.com today.