Description
Incredible investment opportunity in highly desirable rockford, mi - fully renovated triplex!welcome to an exceptional real estate opportunity in the heart of rockford, one of michigan's most sought-after communities. with top-rated schools, a vibrant small-town atmosphere, and nearly 0% rental vacancy in recent years, this fully renovated triplex offers strong, stable income potential in a location tenants love.perfect for investors or owner-occupants, this property features three private units, each with separate entrances, dedicated parking, and in-unit washer and dryer--ideal for long-term tenant satisfaction and ease of management.in 2022, the property underwent a full renovation down to the studs, including:
new roof, windows, insulation, and drywall
modern kitchens with new cabinets, counters, and appliances
stylish, updated bathrooms
fresh paint and new flooring throughout
current tenants take excellent care of their homes, and two of the three are eager to renew their leases when they expire in august. with a gross annual rental income of approximately $60,000, and no immediate need for improvements, this is a true turnkey investment.
whether you're looking to house-hack by living in one unit and renting the others, or expand your rental portfolio with a worry-free property in a high-demand area, this triplex delivers on all fronts.
don't miss out on owning a piece of rockford's thriving rental market!
Property Type
MultifamilyCounty
KentStyle
MultifamilyAD ID
49361237
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Property Details
-
Interior Features
Interior Features
- Laundry Facility
Heating & Cooling
- Cooling: Central Air
- Heating: Forced Air
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1850
- Total Units: 3
- Foundation/Basement: Crawl,Michigan Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.21
- Dimensions: 68 x 132
Property Information
- Financing: Cash,Conventional,FHA,VA
-
Listing Information
Listing Price Information
- Original List Price: $610,000
Listing Information
- Possession: At Close
- Legal Description: LOT 164 ALSO N 2 FT OF LOT 166 * VILLAGE OF ROCKFORD
-
Taxes / Assessments
Tax Information
- Annual Tax: $9,543
- Parcel Number: 410636478004
Possession
- At Close
Legal Information
- Legal Description: Section: LOT 164 ALSO N 2 FT OF LOT 166 * VILLAGE OF ROCKFORD
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 6
Unit 1 Information
- # of Bedrooms: 1
Unit 2 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/22/2025 @ 00:39
- MLS: 625311531
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 5 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.