512 N Warren Avenue , Freeport, IL 61032
Freeport, IL 61032
Description
**Exceptional Investment Opportunity: Fully Leased 11-Property Portfolio!** Don't miss your chance to own this remarkable investment portfolio comprising a well-maintained duplex, nine single-family homes, and an additional lot zoned for a duplex, creating the potential for 14 total units. All properties are conveniently located within three blocks of each other for streamlined management. With an average price of just 46,000 USD per unit, this is a rare opportunity to capture a slice of the booming Rockford-Freeport area housing market recognized by Forbes and the Wall Street Journal as one of the nation's top markets, due to their high demand for affordable housing. The Pro Forma rental estimates are based on current market conditions and verified through Zillow for each property, ensuring you have the data needed to make an informed investment decision. A rental property Pro Forma and Rent Roll are available upon request. Take this investment opportunity before it's gone!
Details
| MLS# | 12263982 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1897 |
| Days On Site | 10 |
| Listing Provided By | Berkshire Hathaway HomeServices Crosby Starck Real | John Juliano |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.21 |
Market Activity 61032
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Learn More About This Property
| State | IL |
|---|---|
| County | Stephenson |
| City | Freeport |
| Zip Code | 61032 |
| Area | Freeport |
| School District | 145 |
| Elementary School | 145 |
| Middle School | 145 |
| High School | 145 |
| Listing VS Median (in 61032) | |
Price: $61,000 low | high Med: $110,000 On Site: 10 low | high Med: 105.000000 | |