FOR SALE
$999,600

506 S Jackson Street
Janesville, WI 53548

Multi-Family
Residential
23
Beds
10
Baths
0.67
Acre Lot
Courtesy: Mansur Real Estate LLC, [email protected]
CB The Realty Group> Wisconsin> Janesville> 53548
Attention investors - 8.91% CAP rate! Portfolio available of 8 turn-key, income producing residential units in Janesville. Gross annual rent of $121,800 - expenses of $32,776 gives an NOI of $89,024. This portfolio of four duplexes are all updated with newer roofs, windows, plumbing, and electrical. Leases are 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 for electricity/gas and owner pays for water/sewer. This is a great opportunity to own a portfolio of fully rented, updated units, most have been completely gutted. 3D walkthrough tours and financials available. Low vacancy rates, high rents, low turnover, very low maintenance costs, easily rented.
1978722
Residential - Multi-Family, Other
23
10 Full
Rock
0.67 Acres
Public
Vinyl siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Mansur Real Estate LLC, [email protected]
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