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716 Kishwaukee Court 716 Kishwaukee St

4 Unit Apartment Building $262,090 CAD ($65,523 CAD/Unit) 12.86% Cap Rate Rockford, IL 61104

Executive Summary

TURNKEY INVESTMENT!!!! Solid brick quadplex. New Roof installed in 2023. Long-term tenants. Units can rent for $750/month each easily. Tons of upside. Separate electric and gas meters. WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!! Property management and financing is available.

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $33,716 $12.94

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $33,716
Annual Per SF $12.94

Property Facts

Price $262,090 CAD
Price Per Unit $65,523 CAD
Sale Type Investment
Cap Rate 12.86%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.20 AC
Building Size 2,605 SF
No. Stories 2
Year Built 1990
Parking Ratio 1.54/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,063 CAD -
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R2 (Two-family residential)
R2 (Two-family residential)
  • Listing ID: 34144080

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 716 Kishwaukee St, Rockford, IL 61104

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