




718 Seminary St, Rockford, IL, 61104
About This Home
Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. The property can be purchased individually or together as part of a package with 712 Seminary Street and 722 Seminary Street.
Getting Around
Schools
Construction
Condition
- Year built: 1927
Materials
- Roof: Shingle
- Construction materials: Brick/Stone
Type & Style
- Home type: MultiFamily
- Property subType: 2 Units
Interior
Appliances
- Appliances included: Dryer,Microwave,Refrigerator,Stove/Cooktop,Oven,Washer,Natural Gas Water Heater
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Full
Features
- Finished area below ground: 0
- Finished area above ground: 2,450
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Details
- Parcel number: 1126178007
- Zoning: R1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Features: On Bus Route
Parking
- Total spaces: 3
- Parking features: Additional Parking
