New Listing
321 W Racine Street, Janesville
$225,000
MLS® # 1982133, 3 days, Active
1223 Ravine Street, Janesville
$239,900
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Investment property available in Janesville - upper/lower duplex with $2,300 gross monthly rent. Originally built as a duplex, lower unit includes 2 beds, 1 full bath, rent will be $1,150/month. Upper unit has 2 beds, 1 full bath, rent is $1,150/month. Month-to-month leases offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric and gas meters, shared water meter. Low maintenance building, easily rented units. New in 2014; siding, windows, furnaces, water heaters, electric, and plumbing. Roof new about 2012. Two car detached garage, each tenant uses one garage stall. Long term lower tenant would like to stay and has written notices to be at market rate rent of $1,150 by June 2025(currently $950/month).
Mansur Real Estate LLC, john@mansurrealestate.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 3
MLS® # 1982103
Price $239,900
Year Built 1920
Type Multi Family
Assessed Value $249,800
Year Assesed 2023
Net Taxes $4,265
Tax Year 2023
Total Income $27,600
Total Expenses $8,535
Net OP Income $19,065
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 550
Exterior Vinyl
Community Information
Address 1223 Ravine Street
MLS® Area JANESVILLE - C
City Janesville
County Rock
State WI
Zip Code 53548
School Information
Property Overview
2 Bedroom Units 2
Total Units 2
# of Water Heaters 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
Unit 1 Details
# of Bedrooms 2
# of Full Baths 1
Lease Expires Mo-to-Mo
Monthly Rent $1,150
Square Feet 1,298
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 $1,150
Square Feet 1,298
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
Map Views
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Data provided by the South Central Wisconsin MLS as of 07/27/2024.
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