509 E Milwaukee Street, Janesville

$850,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Solid income producing property conveniently located near downtown Janesville. Each unit features 1100 sq ft 3 bedrooms and 1 bath. Basement offers each unit a 12x12 locked storage unit+ 1 storage unit for manager. Coin operated Laundry brings in between $250-$300 monthly. Driveway provides 3 Parking stalls that are currently rented out at $50 each per month. Updates 2016 include 6 furnaces, 6 water heaters, windows, roof, insulation. Updates from 2018- 2024 flooring, paint, lighting. Several long-term tenants, very easily rented. Building just had Fiber Optic installed in 2024. Owner pays common way gas/energy, water and trash services. Tenants cover in unit gas/electric. Seller is licensed Realtor- Related to listing agent

Rock Realty.

Essential Information
Status Sold
Detailed Status Sold 5/22/2024
Days on Market 5
MLS® # 1974099
Price $850,000
Year Built 1910
Type Multi Family
Assessed Value $475,700
Year Assesed 2023
Net Taxes $8,294
Tax Year 2023
Total Income $87,613
Total Expenses $16,427
Net OP Income $104,040
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 557,558
Exterior Brick/Stone
Community Information
Address 509 E Milwaukee Street
MLS® Area JANESVILLE - C
County Rock
State WI
Zip Code 53545
School Information
District Janesville
Elementary Adams
Middle Franklin
High Craig
Property Overview
3 Bedroom Units 6
Total Units 6
# of Water Heaters 7
# of Water Softeners 1
Heat Fuel Natural Gas
# of Stoves 6
# of Refrigerators 6
# of Dishwashers 3
# of Washers 3
# of Dryers 3
Unit 1 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires m2m
Monthly Rent $1,395
Square Feet 1,110
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires m2m
Monthly Rent $1,395
Square Feet 1,110
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 3 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires 10/31/24
Monthly Rent $1,395
Square Feet 1,110
Parking 1 Space
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 4 Details
# of Bedrooms 3
# of Full Baths 1
Lease Expires m2m
Monthly Rent $1,395
Square Feet 1,110
Parking Street
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning R-4
Barrier Free Level drive, Level lot
Green Features Low E Windows
Short Sale No
REO / Bank Owned No
Property History
Status Changed from Active to Sold
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data provided by the South Central Wisconsin MLS as of 06/16/2024.

Copyright 2024 – (South Central Wisconsin MLS) – All Rights Reserved

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