712 Seminary Street Rockford, IL 61104 • Multi Unit - Multiple • Active $320,000

Description

Turnkey Furnished Rental Portfolio - Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Excellent reviews and strong tenant satisfaction. Well-kept property with ongoing maintenance. Fully furnished units included in sale. Proven occupancy history. Strong demand from travel and mid-term renters. Efficient operating expenses. This is a rare opportunity to acquire a high-performing, income-producing asset with both stability and reputation already in place. The property can be purchased individually or together as part of a package with 718 Seminary Street and 722 Seminary Street.

Property Highlights