MLS® ID: 10094728

2507 Sandhutton Avenue

Rockford, Illinois, 61108

$2,695,000 Active
  • 2 Beds
  • 2 Baths
  • - SQFT
17-Unit INVESTMENT OPPORTUNITY! Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. 4 of these units sold in 2018 another in 2019. The remaining 17 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy at market rent. Strong employment in the surrounding area. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford's south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest
Read More

Listing courtesy of A C Johnston Realty Inc.

Amenities

  • Full baths
    2
  • Full Baths Range
    2 Baths
  • Total Baths
    2
  • Zip
    61108
  • Office name
    A C Johnston Realty Inc.
  • Bedrooms
    2
  • Property type
    Multi Family 5+
  • Zoning type
    MULTI
  • Year built
    2007
  • Heating
    Central Heat/Indiv Controls
  • Tax year
    2017
  • Agent name
    Charles Thompson
  • Tax amount
    $ 79631.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Bedrooms Range
    2 Beds
  • Year Built Range
    2000-2009
  • Office ID
    930
  • Agent ID
    9030

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info