Package multi-family deal with great cash flow. Downtown Belvidere in a opportunity zone. 120 E Madison ~ 10 units - (9) 1 bedroom & (1) studio. 115 E Madison ~ (2) 2 bedrooms, (1) 1 bedroom, (4) studios. Needs some TLC priced accordingly. Package price $780,000.
Package multi-family deal with great cash flow. Downtown Belvidere in a opportunity zone. 120 E Madison ~ 10 units - (9) 1 bedroom & (1) studio. 115 E Madison ~ (2) 2 bedrooms, (1) 1 bedroom, (4) studios. Needs some TLC priced accordingly. Package price $780,000.
Unlock a prime investment opportunity with this charming duplex in beautiful Belvidere, IL. This property features two separate units, each offering 2 cozy bedrooms and 1 bathroom, perfect for attracting tenants. Both units come with refrigerators, adding to their appeal and convenience. With four dedicated parking spots, tenants will enjoy hassle-free parking. Whether you're looking to expand your investment portfolio or find a multi-family home with rental potential, this duplex offers both flexibility and promise in a desirable location. Don't miss out on this exceptional opportunity!
Belvidere is located in Illinois. Belvidere, Illinois has a population of 25,179. Belvidere is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Belvidere, Illinois is $57,507. The median household income for the surrounding county is $74,076 compared to the national median of $69,021. The median age of people living in Belvidere is 36.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.8 inches per year, with 34.7 inches of snow per year.