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$135,000
Est. payment /mo
6 Beds
2,576 SqFt
Active
55 N GREENFIELD DR #57 Freeport, IL 61032
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Key Details
Property Type Multi-Family
Sub Type 2 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,576 sqft
Price per Sqft $52
Subdivision Il
MLS Listing ID 202506477
Style 2 Story
Bedrooms 6
Annual Tax Amount $3,357
Tax Year 2024
Property Sub-Type 2 Units
Property Description
Discover this charming duplex investment opportunity that delivers steady rental income. This 3-bedroom, 1-bathroom property features an up-and-down floor plan that maximizes space and privacy for tenants. Built in 1970, this 1.5-story garden-style apartment building sits proudly on a generous third-of-an-acre lot, offering plenty of room for outdoor activities and parking. Currently generating $1,300 monthly from both units at $650 each. The thoughtful duplex design ensures each unit maintains its independence while sharing the benefits of a well-maintained building. The spacious lot provides excellent curb appeal and potential for future improvements or simply enjoying the extra space. The garden-style architecture offers single-story living comfort with the efficiency of multi-unit ownership. Each unit provides comfortable living space with practical layouts that tenants appreciate. The established rental rates demonstrate market acceptance and provide immediate cash flow for savvy investors.
Location
State IL
Area Stephenson County
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature Siding
Garage Spaces 2.0
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools Lincoln -Douglas Elementary
Middle Schools Carl Sandburg Middle
High Schools Banks-Bergagna Education Center
School District Freeport 145
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