123 Alder Ave., Rockford, IL 61107

123 Alder Ave., Rockford, IL 61107
Photo 1 of 19
$125,000
Sold on 9/15/21
Beds Baths Sq. Ft. Taxes Built
3 2.00 1,584 $3,874.62 1983
On the market: 54 days
View full details, 15 photos, school info, and price history
GREAT OPPORTUNITY WITH A 1.5 STORY HOUSE AS WELL AS AN APARTMENT OVER THE GARAGE - LIVE IN ONE & RENT THE OTHER, RENT BOTH, OR USE AS A CONVENIENT IN-LAW ARRANGEMENT! Unit A is a 2 BR, 1 BA 1.5 story home that is currently vacant, and the other, Unit B, is above the garage & is currently rented. It has an open floor plan kitchen, dining area & living room, one bedroom, laundry, full bath, and a balcony deck. The current tenant is on a month to month basis which can be assumed by the purchaser. Tenant has been notified if the next buyer does not want to assume the lease, then he will need to vacate the property, to which he has agreed. The rented out unit tenant pays $$650/month. (see document section for current rental agreement) There is a large 2.5 car garage attached to the rental unit and tenant uses south half of garage & drive. Floors in rental unit are 1 year old. Both units have a washer & dryer. Both units are on the same water meters, electric is on separate meters. Tenant pays electric, landlord pays water, garbage, sewer. Two water heaters. SO MANY OPTIONS FOR LIVING ARRANGEMENTS!
Listing courtesy of Toni VanderHeyden, Keller Williams Realty Signature