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$ 850,000
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266 S Jackson Street Janesville, WI 53548
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2034932
Year Built 1900
Annual Tax Amount $5,966
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Description
6 unit multifamily property in Janesville, extensively renovated down to the studs with all major capital expenditures updated throughout the building. Currently, 4 of the 6 units are occupied, generating approximately $4,400/month in rental income, with projected stabilized rents of $6,600 to $7,200/month. With the major capital improvements already completed, the opportunity for the next owner lies in improving occupancy, rental rates, and overall management efficiency rather than taking on costly renovations. Tenants pay their own heat and electricity, while ownership covers water, sewer, and trash. Additional features include two sets of coin washers and dryers in the basement and covered carport parking for all six units. An opportunity to acquire a substantially renovated multifamily property with existing income and considerable operational upside. Some photos AI edited.
Location
State WI
County Rock
Zoning commer
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas
Cooling Other
Inclusions 6 Refrigerator, 6 ovens, 1 washer, 1 dryer
Exterior
Exterior Feature Vinyl
Parking Features Carport
Utilities Available Separate Electric Meters, Separate Gas Meters
Building
Dwelling Type Apartment Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
Elementary Schools Wilson
Middle Schools Franklin
High Schools Parker
School District Janesville
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Listed by EXP Realty, LLC
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