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Key Details
Sold Price $225,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1982133
Sold Date 09/04/24
Year Built 1905
Annual Tax Amount $2,342
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Investment property available in Janesville - upper/lower duplex with $2,400 gross monthly rent(currently at $2,200/month). Lower unit includes 3 beds, 1 full bath, rent is $1,200/month(notice given to be at $1,250 by 1-1-25 and $1,300 by 6-1-25). Long-term tenants in upper unit have 3 beds, 1 full bath, rent is $1,000/month(notice given to be at $1,100 by 6-1-25). Month-to-month leases for both units offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric/gas meters, shared water meter, but easily split. Low maintenance building, easily rented units. Roof, windows, siding new about 2020. Lower unit completely gutted in 2024, new everything. New water/sewer entire building. Front/rear entrances rebuilt.
Location
State WI
County Rock
Zoning R2
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Vinyl
Garage 2 Car, Detached
Garage Spaces 2.0
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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