506 S Jackson Street Pending

Janesville,WI 53548

$ 259900

6 Beds

3 Baths

2241 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 story

Listing Status Pending

Purchase Type For Sale

Square Footage 2,241 sqft

Price per Sqft $115

MLS Listing ID 1978722

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $3,671

Tax Year 2024

Lot Size 6,969 Sqft

Property Description

Investment property available in Janesville - upper/lower duplex with $2,675 gross monthly rent(currently at $2,525/month). New roof installed August 2024. Lower unit includes 4 beds, 2 baths, rent is $1,400/mth(notice given to be at $1,500 by 1-1-25). Upper unit has 2 beds, 1 bath, rent is $1,175/mth. 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 electricity/gas, owner currently pays for water/sewer and lawn/snow. Separate electric/gas meters, shared water meter. Newer siding/windows, updated electric/plumbing. Two car detached garage, each tenant has one stall. Lower unit has recently had notice of future rent increases and will be at posted numbers by 1-1-25.

Location

State WI

County Rock

Area Janesville - C

Zoning R2

Interior

Heating Forced air

Inclusions 2 refrigerators, 2 stove/ovens

Exterior

Garage 2 stall garage,Detached,2 spaces

Utilities Available Separate elec meters,Separate gas meters

Building

Water Municipal water,Municipal sewer

Structure Type Vinyl

Schools

Elementary Schools Wilson

Middle Schools Franklin

High Schools Parker

School District Janesville

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