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Key Details
Sold Price $198,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1980594
Sold Date 08/16/24
Year Built 1880
Annual Tax Amount $2,492
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Investment property available in Janesville - upper/lower duplex with $2,100 gross monthly rent. Lower unit has 4 bedrooms, 1 full bath, rent is $1,275/month, lease expires end of May 2025. Upper unit has 1 bedroom, 1 full bath, rent is $825/month, month-to-month lease. Month-to-month, flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Tenants pay for electricity and gas and owner currently pays for water/sewer and lawn/snow. Separate electric and gas meters, shared water meter. Roof/siding/windows new in 2018, updated electric and plumbing. Notice was given to the upper unit that rent is increasing from $775 to $825 on September 1st, 2024.
Location
State WI
County Rock
Zoning R2
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Vinyl
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Wilson
Middle Schools Franklin
High Schools Parker
School District Janesville
Others
Special Listing Condition Arms Length
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Bought with Realty Executives Cooper Spransy