5421 Midvale Drive
5421 Midvale Drive
$560,000
16
8
—
—
—
Closed 9/29/23
Description
Multi-family investment opportunity in excellent location in Rockford, IL. This eight (8) unit, masonry apartment building offers a strong rental history and is a low maintenance investment. Currently self-managed. The brick & block building is very low maintenance and requires very little management. All utilities are separate & landlord only pays RE Taxes & water & common area electric. Tenants pay the electric - there is no natural gas utilized in the property. Situated on the east side of Rockford,...Multi-family investment opportunity in excellent location in Rockford, IL. This eight (8) unit, masonry apartment building offers a strong rental history and is a low maintenance investment. Currently self-managed. The brick & block building is very low maintenance and requires very little management. All utilities are separate & landlord only pays RE Taxes & water & common area electric. Tenants pay the electric - there is no natural gas utilized in the property. Situated on the east side of Rockford, the asset is easily accessible to the East State Street restaurants, banks, bars and other conveniences. There is ample on-site parking(which is going to be replaced) and laundry connections in the basement. Excellent cash flow building with low maintenance requirements. Very little management other than lawn care and snow removal.
- Listed by Clancy Green • Berkshire Hathaway HomeServices Starck Real Estate
- Listed by Richard Ahrens • Berkshire Hathaway HomeServices Starck Real Estate
Sold By Berkshire Hathaway HomeServices Starck Real Estate
Property Details for 5421 Midvale Drive
Area
Rockford
TownshipRockford
Num Of Parking Spaces16.0
Num of Interior Fireplaces0
Location
LISTING UPDATED: 10/03/2023 03:27 PM
Property Details for 5421 Midvale Drive
Status | Closed |
---|---|
MLS # | 11758540 |
Days on Market | 169 |
Taxes | $12,504 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Interior Entrance |
Year Built | 1979 |
Lot Size | - |
County | Winnebago County |
Location
Building Information for 5421 Midvale Drive
Stories-Residences8Year Built1979Building Size-Lot Size-
Payment Calculator
$4,098 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5421 Midvale Drive
Property History for 5421 Midvale Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5421 Midvale Drive
Taxable ValueLand$13,798Additions$97,461Total$111,259
Home Facts
Total Finished SqFt8,204 SqFtAbove Grade Finished SqFt8,204 SqFtStories2Lot Size23,958 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979ZoningR3CountyWINNEBAGOAPN12-28-178-002
Schools near 5421 Midvale Drive
This home is within Rockford School District 205.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Gregory Elementary School PublicK to 5 | ||
Eisenhower Middle School Public6 to 8 | ||
Guilford High School Public9 to 12 | ||
Montessori Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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