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(608) 295-0841
CENTURY 21 Affiliated
170 S Jackson St, Janesville, WI 53548
- $550,000
Courtesy of Ferraro Real Estate Team with EXP Realty, LLC. 608-838-1377
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 2033692
- Acres
- 0.28
- Year Built
- 1850
Property Description
Turnkey 5-unit investment opportunity in Janesville with the heavy lifting already completed. Recently converted and approved by the City as a 5 unit property, the building has undergone a full operational reset. Ownership vacated the building, transitioned away from the previous management, completed turnovers and touch ups throughout every unit, and brought in a professional property management company to oversee operations moving forward. Major improvements include a newly installed sprinkler system, brand new landscaping, refreshed units, and significant attention to the overall condition and presentation of the property. Current rent roll is approximately $4,400 per month, with a target of approximately $5,600 per month once the final unit is leased. A strong opportunity for an investor looking to acquire a stabilized multifamily asset with additional income upside and without taking on an immediate renovation or management overhaul.
Additional Information
- Architecture
- Apartment
- Style
- Apartment
- Garage Description
- Detached, Outside
- School District
- Janesville
- Elementary School
- Wilson
- Middle School
- Franklin
- High School
- Parker
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This information, provided by seller, listing broker, and other parties, may not have been verified. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing.