$125,000
$125,000
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123 Alder AVE Rockford, IL 61107
3 Beds
2 Baths
1,584 SqFt
Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $78
MLS Listing ID 11166548
Sold Date 09/15/21
Bedrooms 3
Full Baths 2
Year Built 1983
Annual Tax Amount $3,874
Tax Year 2020
Lot Size 6,098 Sqft
Lot Dimensions 40.00 X 157.50
Property Sub-Type Detached Single
Property Description
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!
Location
State IL
County Winnebago
Area Rockford
Rooms
Basement Full
Interior
Interior Features Wood Laminate Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath, Some Carpeting, Dining Combo, Some Wall-To-Wall Cp
Heating Natural Gas, Electric, Forced Air, Baseboard
Cooling Central Air
Fireplace N
Appliance Range, Dishwasher, Refrigerator, Built-In Oven
Exterior
Exterior Feature Deck
Parking Features Detached
Garage Spaces 2.5
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Level or Stories 1.5 Story
New Construction false
Schools
Elementary Schools Gregory Elementary School
Middle Schools Eisenhower Middle School
High Schools Guilford High School
School District 205 , 205, 205
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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