201 Adams ST new Save Request In-Person Tour Request Virtual Tour
Rockford,IL 61107
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12419307
Style Other,Contemporary
Bedrooms 5
Year Built 1909
Annual Tax Amount $561
Tax Year 2023
Lot Dimensions 82X37.61X82X37.62
Property Sub-Type Two to Four Units
Property Description
A solid investment opportunity with added lifestyle appeal, this well-maintained two-unit property offers flexible living and income potential . Live in one unit while renting out the other, or lease both for strong cash flow-either way, this property delivers value and versatility. Ideally suited for those looking to build equity while maximizing rental income.This well-maintained, two-unit property is move-in ready and offers a great blend of comfort, income potential, and peace of mind thanks to recent major updates and improvements, including: New roof on the entire property Lead pipes replaced, ensuring safer plumbing throughout whole-house water filtration system installed for both units; first floor apartment freshly painted with newer flooring tuckpointing and exterior painting completed, enhancing curb appeal, extensive tree removal ($10,000 investment) to protect the property and roof. Sump pump installed in basement for added water protection. New windows throughout the property. Newer carpeting in the upper unit. Whether you are looking to invest or settle into a home with income potential, this property check all the boxes-done miss the chance to make it yours.
Location
State IL
County Winnebago
Area Rockford
Zoning MULTI
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Other
Community Features Sidewalks,Street Lights,Street Paved,Other
Roof Type Rubber
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools John Nelson Elementary School
Middle Schools Abraham Lincoln Middle School
School District 205 ,205, 205
Others
Ownership Fee Simple
Special Listing Condition None