2642 9th Street

Rare Investment Opportunity: Four Charming Cottages on Adjacent Lots with Strong Income Potential! Presenting a unique package of four cottage-style homes located side-by-side near Harrison Ave and 9th St, including 1310 Alton Ave. Each home features a cozy layout with a living room, kitchen, bedroom, bathroom, and quaint open porch—perfect for tenants seeking comfortable, affordable living. Currently generating over $30,000 in gross annual income, with the potential to reach $37,200 if rented at $775/month per unit. The Alton Ave home boasts a newer roof, replaced in 2019, while the three 9th St cottages have durable rubber membrane roofs updated in 2008. Three of the four homes have been remodeled with modern windows, cabinets, appliances, flooring, and lighting fixtures, featuring low-maintenance vinyl or aluminum siding. The owner covers water, sewer, and garbage services, while tenants pay for gas and electricity, contributing to steady cash flow. Situated in the rapidly growing Rockford market—celebrated by Forbes and The Wall Street Journal as one of the nation’s hottest affordable housing markets—this package is a prime opportunity to capture strong returns and long-term appreciation. Sold "As-Is."