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703 E Centerway St,  Janesville,  WI  53545 $139,900 Expired
703 E Centerway St,  Janesville,  WI  53545
$139,900
Expired
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 Property Type Multi Family
 Parcel # 241 0125300280
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1862249
 Listing Date 07/03/2019

MLS Public Remarks  EXCELLENT INVESTMENT opportunity in this updated and well taken care of duplex. Close to downtown. Both tenants wish to stay renting - currently on month-to-month leases and have been renting for three plus years. Lower unit tenant takes care of lawn and snow removal at current rent. 2017 Investment #s: Income: $16,200 | Expenses: $5,830 | NET: $10,370 CAP Rate of 7.4%, Cash on Cash Return (20% down) of 8.07 %. See Analysis worksheets in additional docs.
Documents and Related Links  
1) RECR
2) Analysis Worksheet pg 1
3) Analysis Worksheet pg 2
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  Corner Of Eisenhower And Centerway
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1880
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  1
  • # Washers  1
  • # Dryers  1
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  2
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  9680
  • Net Operating Inc  6605
  • Year  2018
    • ASSESSMENT/SCHOOLS   
  • School District  Janesville
  • High School  Parker
  • Middle  Franklin
  • Elementary  Adams
  • Land Assessment  $18,700
  • Improvements  $70,400
  • Total Assessment  $89,100
  • Net Taxes  $2,324
  • Assessment Year  2018
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R2
  • Subdivision  None
  • Name of Lake/River  
  • Est. Total Acres  0.16
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Air conditioning, Dining room, Dishwasher, Individual heat control, Pantry, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Air conditioning, Eat-in kitchen, Individual heat control, Range/oven, Refrigerator, Wood or sim. wood floor
  • Unit 3  
  • Unit 4  
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 2 1 0 Mo-to-Mo $800 1,115 1 Space No No Yes
    2 2 1 0 Mo-to-Mo $550 874 1 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included Oven/Range (2), Refrigerator (2), Dishwasher (1), Washer (1), Dryer (1)
    Items Excluded  Tenants' Personal Property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  1 Car garage, 2 spaces, Detached
  • Barrier-free Features  First floor bedroom, First floor full bath, Level drive, Open floor plan, Ramped or level entrance, Ramped or lvl from garage
  • Exterior  Aluminum/Steel
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  
  • Miscellaneous  Close to bus line, Hi-Speed Internet Avail



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Keller Williams Realty Signature