Bought with Realty Executives Cooper Spransy
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520 S Franklin Street Janesville, WI 53548
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Key Details
Sold Price $198,000
Property Type Multi-Family
Sub Type 2 story
Listing Status Sold
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $121
MLS Listing ID 1980594
Bedrooms 5
Full Baths 2
Year Built 1880
Annual Tax Amount $2,492
Tax Year 2023
Lot Size 6,098 Sqft
Property Description
Investment property available in Janesville - upper/lower duplex with $2,100 gross monthly rent. Lower unit has 4 bedrooms, 1 full bath, rent is $1,275/month, lease expires end of May 2025. Upper unit has 1 bedroom, 1 full bath, rent is $825/month, month-to-month lease. Month-to-month, flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Tenants pay for electricity and gas and owner currently pays for water/sewer and lawn/snow. Separate electric and gas meters, shared water meter. Roof/siding/windows new in 2018, updated electric and plumbing. Notice was given to the upper unit that rent is increasing from $775 to $825 on September 1st, 2024.
Location
State WI
County Rock
Area Janesville - C
Zoning R2
Interior
Heating Forced air
Exterior
Garage Outside
Utilities Available Separate elec meters, Separate gas meters
Building
Water Municipal water, Municipal sewer
Structure Type Vinyl
Schools
Elementary Schools Wilson
Middle Schools Franklin
High Schools Parker
School District Janesville
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This information, provided by seller, listing broker, and other parties, may not have been verified.
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