The StopulosTeam
Description
Turnkey 5-unit investment opportunity in Janesville with the heavy lifting already completed. Current rent roll is $5,950 per month! 5/5 units leased. 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. 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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Rock
High School: Parker
Listed By:
EXP Realty, LLC
Pref: 608-838-1377
SCWMLS
MLS ID: 2033692
Units
Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 500
Unit 2:
Bedrooms: 3
Full Baths: 1
Parking Description: 1 Space
Square Feet: 1000
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Square Feet: 850
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 600
Listing Courtesy of:
EXP Realty, LLC
Agency Contact: Pref: 608-838-1377
Get in Touch
Contact an agent to learn more about
170 S Jackson Street, Janesville, WI 53548.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $550,000 | $550,000 | $550,000 |
| Down Payment | $110,000 | $19,250 | $137,500 |
| Monthly Mortgage Amount | $2,890 | $3,548 | $3,537 |
| Taxes | $765 | $765 | $765 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $242 | $0 |
| Monthly Estimated Total | $3,815 | $4,715 | $4,462 |
This information, provided by seller, listing broker, and other parties, may not have been verified.
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