IL
Winnebago
Rockford
61104
722 Seminary Street, Rockford, IL 61104
Share Listing
Listing Type
Multi Family
Listing Status
Active
11
$320,000

Home Details for 722 Seminary Street

Price
$320,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Year built
1926
Lot size acres
0.29
County
Winnebago
Total rooms
9
Garage
2
Basement
Unfinished, Full
Days on site
2
MLS Listing#
12611743
Property Description

Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-kept property with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history. Strong demand from travel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. This property is being sold as a package deal along with 712 Seminary Street and 718 Seminary Street. $960,000

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Detached
    • Garage
  • Basement
    • Unfinished
    • Full
  • Water Features
    • Public
School Information
School Information for 722 Seminary Street, Rockford, IL 61104
Elementary School
N/A
Middle School
Abraham Lincoln Middle School
High School
Rockford East High School
Listing Courtesy: Gambino Realtors Home Builders - 815-282-2222
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-09 03:54:01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-09 03:54:01
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EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111
Office
815 977 7411
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