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1708 9th Street Rockford, IL 61104 Multi Unit - Multiple PENDING

Pending
  • 1708 9th Street, Rockford, IL 61104 Main Photo

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Description

Looking for a duplex with a low entry price and plenty of room to add value? Here it is. This 2-story property features two 2BR and 1BA units, separate utilities (except water) and was occupied by the owner for decades. The roof was completely replaced in 2023, two furnaces installed in 2009, and water heater was replaced in 2016. Low maintenance metal siding. Legally conforming duplex with R2 zoning! Now for the part you already figured out from the price: the interior needs work. This is not a lipstick-and-list property. It's a fix up, collect rent and build equity kind of opportunity. The low price reflects the condition while still being an exceptional value, giving you the chance to put your rehab dollars where they matter and come out with a strong rental or resale asset. Property and all contents are being sold strictly "AS IS, WHERE IS." Buyer to verify all defects independently, but no repairs will be made by seller. Sold through Trust to settle estate. Run your numbers and make an offer. No FHA or VA financing offers will be considered by seller. If you're looking for value and upside, you better come take a look ASAP!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 1,810
County: Winnebago
Listed By:
Keller Williams Realty Signature
Rockford Board of Realtors
$89,900
Est. $680/mo
1,810sqft
PENDING
BEDS0 BATHS SQUARE FEET1,810 MLS#202605496
STATUSPENDING PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

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1708 9th Street, Rockford, IL 61104.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $89,900$89,900$89,900
Down Payment $17,980$3,147$22,475
Monthly Mortgage Amount $455$558$564
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $680$823$789

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