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309-313 W Milwaukee Street, Janesville, WI 53548

$650,000
  • 309-313 W Milwaukee Street, Janesville, WI 53548 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#2022089
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLJanesville

Listing Courtesy of: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
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Property Description

7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available. Contact Max Fiascone

309-313 W Milwaukee Street | MLS# 2022089

This multi-family property located at 309-313 W Milwaukee Street, Janesville, WI 53548 is currently listed for sale with an asking price of $650,000. 309-313 W Milwaukee Street is located within the Janesville school district. Search Janesville real estate on www.starkhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Home Style: Apartment building
Taxes: $4,279
Year Built: 1900

Units

Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800
Unit 4:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Square Feet: 800

Amenities

Brick/Stone

Feature Descriptions

Basement: Full, Unfinished
Exterior: Brick/Stone
Units: 7
Water/Waste: Municipal water

Local Schools

High School: Parker
Middle School: Franklin
Elementary School: Wilson
School District: Janesville

Listed By / Shown By

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011

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Estimate Your Payment

Estimated Payment

$ 3,993.05 per month $3,446.88 Principal & Interest $356.58 Property Tax $189.58 Homeowner's Insurance

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