Residential Income in JANESVILLE

$850,000

266 Jackson, 53548, JANESVILLE, WI

Residential Income for sale in JANESVILLE, 266 Jackson, 53548

266 Jackson, 53548, JANESVILLE, WI

$850,000

Type: Residential Income

Description

6 unit multifamily property in Janesville, extensively renovated down to the studs with all major capital expenditures updated throughout the building. Currently, 4 of the 6 units are occupied, generating approximately $4, 400/month in rental income, with projected stabilized rents of $6, 600 to $7, 200/month. With the major capital improvements already completed, the opportunity for the next owner lies in improving occupancy, rental rates, and overall management efficiency rather than taking on costly renovations. Tenants pay their own heat and electricity, while ownership covers water, sewer, and trash. Additional features include two sets of coin washers and dryers in the basement and covered carport parking for all six units. An opportunity to acquire a substantially renovated multifamily property with existing income and considerable operational upside. Some photos AI edited.

Agent Information

Location

266 Jackson, 53548, JANESVILLE, WI

Data

Object TypeResidential Income
Purchase Price$850,000
Living Space0 m²
Plot Size809.37 m²
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeOther
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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