Belvidere,
IL
61008
$425,000.00
Listing Description
AMAZING INVESTMENT OPPORTUNITY SITTING ON .82 ACRES THAT BACKS UP TO BELVIDERE PARK AND BOASTS GREAT VIEWS OF THE RIVER! 5 UNITS INCLUDING A 3 UNIT 2 STORY HOME AND 2 RANCH STYLE HOMES ON SAME PARCEL. SEPARATE UTILITIES EXCEPT WATER/SEWER & GARBAGE. SELLER PAYS GAS FOR WTR HTR. ALL UNITS HAVE LEASES. LTRS OF RENT INCREASE 1/1/26 HAVE BEEN SENT. RENTS 1/1 WILL BE: UNITS 1& 2 $1100, UNIT 3 $800, AND UNITS 4 & 5 $1000 MTHLY. MAINTAINED & SHOWS WELL. AMPLE PARKING, 1 CAR GARAGE AND STORAGE SHED. MUST SEE TO APPRECIATE.