2507 Sandhutton Avenue

    Rockford, IL 61108
    • $2,695,000
    • STATUS: Active
    • ON SITE: 514 days
    • MLS #: 10094728
    UPDATED: 65 min ago
    $2,695,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    17-Unit INVESTMENT OPPORTUNITY! Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. 4 of these units sold in 2018 another in 2019. The remaining 17 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy at market rent. Strong employment in the surrounding area. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford's south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-23T09:50:30.83 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2507 Sandhutton Avenue Rockford, IL 61108

    • Price: $2,695,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 10094728
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2007
    Built
    Neighborhood:
    Rockford
    County:
    Winnebago
    Area:
    Rockford
    Property Description
    17-Unit INVESTMENT OPPORTUNITY! Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. 4 of these units sold in 2018 another in 2019. The remaining 17 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy at market rent. Strong employment in the surrounding area. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford's south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest
    Exterior Features

    Lot Dimensions 84X87X101X101 Number Of Parking Spaces 2

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 2 Number Of Full Bathrooms Type2 2 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 7 Number Of Rooms Unit2 8 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 1 Number Of Units Apt Type1 13 Number Of Units Apt Type2 4 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 0

    Property Features

    Age 7-15 Years Built Before1978 YN No Electricity Expense 0 Fuel Expense 0 Gross Rental Income Amount 0 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 0 Janitor Expense 0 Monthly Income Max1 1600 Monthly Income Max2 1600 Net Oper Income Amount 0 Other Expenses 0 Tax Year 2018 Taxes 79631 Tenant Pays Air ConditioningElectricHeatWater/Sewer Total Annual Exp 0 Total Annual Income 0 Total Monthly Income 0 Township Rockford Type Multi Family Condo/Townhouse Water Expense 0 Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of A C Johnston Realty Inc..


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-23T09:50:30.83 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Helen Oliveri Real Estate
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