Casey Fountain
BEDS0
BATHS
MLS#2022089
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLJanesville
Listing Courtesy of:
Apartment Cash Flow, Inc.
Agency Phone: 6512633653
Property Description
7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available. Contact Max Fiascone
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.08 Acres
Taxes: $4,279
Year Built: 1900
Units
Unit 1:
Bedrooms: 1
Full Baths: 1
Square Footage: 800
Unit 2:
Bedrooms: 1
Full Baths: 1
Square Footage: 800
Unit 3:
Bedrooms: 1
Unit 4:
Bedrooms: 1
Feature Descriptions
Basement: Full
Building: Apartment Building
Data Source: WIREX_SCW
Parking: Outside
Units: 7
Water/Waste: Municipal Water
Local Schools
High School: Parker
Middle School: Franklin
Elementary School: Wilson
School District: Janesville
Listed By / Shown By
Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 6512633653
Shown By
Agent Name: Casey Fountain
Agent Phone: (608) 622-8702
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 3,993.05 per month $3,446.88 Principal & Interest $356.58 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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309-313 Milwaukee Street | MLS# 2022089
This multi-family property located at 309-313 Milwaukee Street, Janesville, WI 53548 is currently listed for sale with an asking price of $650,000. 309-313 Milwaukee Street is located within the Janesville school district. Search Janesville real estate on cfountain.starkhomes.com today.