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Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700

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1719 Remington Road - Money Maker! 8 Unit Townhouse style 2 story apartment building with each unit has 3 bedroom 1 full bath and 1 half bath, private full basement. 8 units have covered parking spaces and additional parking. New roof on building in 2011. Front windows have been replaced. Each unit has patio area. All units are currently leased out. Rents can be increased for area. Total building is 10, 560 sq/ft. Each unit has approximately 1320 sq/ft plus full basement of 660 sq/ft basement each unit. 2 Units remodeled. 1 unit has central air. Virtual Tour

Listing information

  • MLS® ID: 09300315
  • Year Built: 1963
  • Parking Type Description: None 0 cars
  • Lot Area: 0.72
  • County: Winnebago
  • Property ID: 103966700
  • Status: Active
  • New Construction: No
  • Lot Size: 125 X 254.16 X 116.94 X 24
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Estimated Annual Taxes: $11,689

Features

Air Conditioning Central Air
Approximate Age Older
Basement Description Finished, Partially Finished
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service 0-100 Amps, Circuit Breakers
Exterior Building Type Brick
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Owner Projection
Heat/Ventilation Forced Air, Gas
Information Listing Agent Must Accompany
Other # Of Dishwashers - 1, # Of Disposals - 0, # Of Dryers - 0, # Of Ranges - 8, # Of Refrigs - 8, # Of Units - 8, # Of Washers - 0, # Of Window/Ac - 0, Approx Total Bldg Sq Ft - 10560, Electricity Expense - 841, Expense Year - 2016, Fuel Expense - 840, Gross Rent Multiplier - 7, Gross Rental Income $ - 70320, Insurance Expense - 2526, Janitor Expense - 2077, Net Oper Income $ - 47277, Net Operating Income Year - 2016, Other Expenses - 2133, Repairs-Decor Expense - 2296, Scavenger Expense - 841, Tax Year - 2015, Total Annual Exp - 11594, Total Annual Income - 70320, Total Monthly Income - 5860, Township - Rockford, Water Expense - 840, Zoning Type - Multi
POSSESSION Closing
Property Type Multi Family 5+
Roof Structure Gable
Tenant Pays Electric, Heat
Type Multi-Family Condo/Townhouse
Utilities To Site Sanitary Sewer to Site, Water-Municipal
Washer/Dryer Lsd (Y/N) Yes
Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700