518 N Warren AVE new Save Request In-Person Tour Request Virtual Tour
Freeport,IL 61032
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 1,318 sqft
Price per Sqft $48
MLS Listing ID 12260721
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1951
Annual Tax Amount $1,857
Tax Year 2023
Lot Size 9,147 Sqft
Lot Dimensions 75X120
Property Description
**Exceptional Investment Opportunity: Fully Leased 11-Property Portfolio!** Join us for an exclusive FIRST LOOK OPEN on Saturday, January 25th, from noon to 2 p.m., and take advantage of the FINAL LOOK OPEN on Sunday, January 26th, from noon to 2 p.m. 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!
Location
State IL
County Stephenson
Area Freeport
Rooms
Basement Full
Interior
Heating Steam
Cooling Central Air
Equipment Ceiling Fan(s),Water Heater-Gas
Fireplace N
Appliance Range,Refrigerator,Cooktop
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Detached Single
Sewer Public Sewer
Water Public
New Construction false
Schools
Middle Schools Freeport Junior High School
High Schools Freeport High School
School District 145 ,145, 145
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None