1223 Ravine Street, Janesville
$239,900
MLS® # 1982103, 21 days, Active
506 S Jackson Street, Janesville
$259,900
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Investment property available in Janesville - upper/lower duplex with $2,675 gross monthly rent(currently at $2,525/month). New roof will be installed by closing. Lower unit includes 4 beds, 2 baths, rent is $1,350/mth(notice given to be at $1,400 by 9-1-24 and $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.
Mansur Real Estate LLC, john@mansurrealestate.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 55
MLS® # 1978722
Price $259,900
Year Built 1900
Type Multi Family
Assessed Value $215,500
Year Assesed 2024
Net Taxes $3,671
Tax Year 2024
Total Income $32,100
Total Expenses $8,972
Net OP Income $23,128
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 550,552,556
Exterior Vinyl
Community Information
Address 506 S Jackson Street
MLS® Area JANESVILLE - C
City Janesville
County Rock
State WI
Zip Code 53548
School Information
Property Overview
2 Bedroom Units 1
3 Bedroom Units 1
Total Units 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
Units with AC 2
Unit 1 Details
# of Bedrooms 4
# of Full Baths 2
Lease Expires Mo-to-Mo
Monthly Rent $1,500
Square Feet 1,305
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Unit 2 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires Mo-to-Mo
Monthly Rent $1,175
Square Feet 936
Parking 1 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S Yes
Additional Information
Zoning R2
Barrier Free First floor bedroom, First floor full bath, Level drive, Level lot
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $999,600 to $259,900
Price Reduced from $1,219,500 to $999,600
Price Reduced from $1,440,000 to $1,219,500
Price Reduced from $1,560,000 to $1,440,000
Map Views
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Data provided by the South Central Wisconsin MLS as of 08/14/2024.
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