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(715) 424-0000
Real Estate Company
170 S Jackson Street, Janesville, WI 53548
- $550,000
Listing courtesy of EXP Realty, LLC.
- List Price
- $550,000
- MLS#
- 2033692
- Status
- ACTIVE
- Year Built
- 1850
- County
- Rock
- Municipality
- Janesville
- Acres
- 0.28
Property Description
Turnkey 5-unit investment opportunity in Janesville with the heavy lifting already completed. Recently converted and approved by the City as a 5 unit property, the building has undergone a full operational reset. Ownership vacated the building, transitioned away from the previous management, completed turnovers and touch ups throughout every unit, and brought in a professional property management company to oversee operations moving forward. Major improvements include a newly installed sprinkler system, brand new landscaping, refreshed units, and significant attention to the overall condition and presentation of the property. Current rent roll is approximately $4,400 per month, with a target of approximately $5,600 per month once the final unit is leased. A strong opportunity for an investor looking to acquire a stabilized multifamily asset with additional income upside and without taking on an immediate renovation or management overhaul.
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Additional Information
- TotalTaxes
- $5,019
- Interior Features
- Fire Sprinklers
- Utilities
- Separate Electric Meters
- Parking
- Outside
- Basement
- Full
- Exterior
- Brick
- Heating / Cooling
- Separate Electric Meters
- Garage Description
- 2 Car, Detached
- Garage Spaces
- 2
- School District
- Janesville
- Elementary School
- Wilson
- Middle School
- Franklin
- High School
- Parker
- Courtesy Of
- EXP Realty, LLC
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