IL
Winnebago
Rockford
61104
718 Seminary Street
718 Seminary Street, Rockford, IL 61104
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Listing Type
Multi Family
Listing Status
Active
4
$320,000

Home Details for 718 Seminary Street

Price
$320,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Year built
1926
County
Winnebago
Total rooms
10
Basement
Unfinished, Full
MLS Listing#
12611739
Property Description

toacquire 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 andextended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net OperatingIncome 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 trueturnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-keptproperty with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history Strong demand fromtravel 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 with718 Seminary Street and 722 Seminary Street. Sold as package deal $960,000

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Basement
    • Unfinished
    • Full
  • Water Features
    • Public
Listing Courtesy: Gambino Realtors Home Builders - 815-282-2222
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-07 03:50:24. 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: 2026-04-07 03:50:24
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EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111
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815 977 7411
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