New Listing
1223 Ravine Street, Janesville
$239,900
MLS® # 1982103, 3 days, Active
321 W Racine Street, Janesville
$225,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Investment property available in Janesville - upper/lower duplex with $2,400 gross monthly rent(currently at $2,200/month). Lower unit includes 3 beds, 1 full bath, rent is $1,200/month(notice given to be at $1,250 by 1-1-25 and $1,300 by 6-1-25). Long-term tenants in upper unit have 3 beds, 1 full bath, rent is $1,000/month(notice given to be at $1,100 by 6-1-25). Month-to-month leases for both units offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric/gas meters, shared water meter, but easily split. Low maintenance building, easily rented units. Roof, windows, siding new about 2020. Lower unit completely gutted in 2024, new everything. New water/sewer entire building. Front/rear entrances rebuilt.
Mansur Real Estate LLC, john@mansurrealestate.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 3
MLS® # 1982133
Price $225,000
Year Built 1905
Type Multi Family
Assessed Value $138,800
Year Assesed 2023
Net Taxes $2,342
Tax Year 2023
Total Income $28,800
Total Expenses $7,332
Net OP Income $21,468
Utilities Separate elec meters, Separate gas meters
Parking Per Unit 550,552,556
Exterior Vinyl
Community Information
Address 321 W Racine Street
MLS® Area JANESVILLE - C
City Janesville
County Rock
State WI
Zip Code 53548
School Information
Property Overview
3 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 3
# of Full Baths 1
Lease Expires Mo-to-mo
Monthly Rent $1,300
Square Feet 960
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 Mo-to-mo
Monthly Rent $1,100
Square Feet 720
Parking 2 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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