Freeport, IL 61032,512 N Warren AVE
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Freeport, IL 61032,512 N Warren AVE
Freeport, IL 61032,512 N Warren AVE
Freeport, IL 61032,512 N Warren AVE
Freeport, IL 61032,512 N Warren AVE

$57,600

Est. payment /mo

$61,000

5.6%
Est.Price: ?

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512 N Warren AVE Freeport, IL 61032

3 Beds

2 Baths

SOLD DATE : 02/24/2025

Key Details

Sold Price $57,600

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12263982

Sold Date 02/24/25

Bedrooms 3

Year Built 1897

Annual Tax Amount $1,470

Tax Year 2023

Lot Dimensions .21

Property Sub-Type Two to Four Units

Property 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!

Location

State IL

County Stephenson

Area Freeport

Rooms

Basement Full, English

Interior

Heating Steam

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 145 , 145, 145

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by John Juliano • Berkshire Hathaway HomeServices Crosby Starck Real
Bought with Brian Borchardt • A-1 Agency
agent

Jamie Roth

Broker | License ID: 471.000868

+1(847) 219-6400

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