Updated, fully rented six plex in Rockford, Iowa. Great location and ready for new owners. All tenants are current on their rent. Owners take care of things as they arise so you won’t find a ton of maintenance. Currently under property management and a very well ran building. Coin laundry on site. Apt 1: (1 bdrm) Apt 2: (2 bdrm)Apt 3: (2 bdrm)Apt 4: (1 bdrm)Apt 5: (3 bdrm)Apt 6: (3 bdrm)Total: $3335/month $40,020/yr Laundry Income averages around $700/yr depending on what tenants are using the machines Annual Landlord Expenses Water: $2947/yrTrash/Dumpster: $936/yrGas: $817/yrElectric: $2087/yrTaxes: $1748/yrInsurance: $1438/yrTotal: $9973/yr Improvements including new flooring, cabinets, updates in most units, agent has full list.
Sold for $175,000 on 08/07/23
$175,000
101 W Main Ave, Rockford, IA 50468
12beds
--baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$162,800 Zestimate®
$--/sqft
$715 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2023 at 07:04am
Listed by:
Erin Runde 641-420-1875,
Runde Real Estate & Property Management
Bought with:
Jane Fischer & Associates Llc
Source: Greater Mason BOR,MLS#: 230381

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Heating
- Heating Features: Forced Air, Gas
Cooling
- Central Air, Window Unit(s)
Property
Parking
- Parking features: None, No Garage
Details
- Parcel number: 091522701300
- Zoning description: OTHER
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
Condition
- Year built: 1900
Utilities & green energy
- Electric: Separate Electric
- Sewer: City
- Water: Public
Community & neighborhood
Location
- Region: Rockford
- Subdivision: IA
HOA & financial
Other financial information
- Total actual rent: 40020