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603 Prospect Ave,  Janesville,  WI  53545 $140,000 Sold
603 Prospect Ave,  Janesville,  WI  53545
$140,000
Sold
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 Property Type Multi Family
 Parcel # 241 0125300261
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1879829
 Listing Date 03/17/2020
 Sold Price $144,000
 Close Date 12/21/2021 12:00 AM

MLS Public Remarks  Showings Begin 3/28/2020. Great Cash Flow Opportunity. Side by Side Duplex on great corner lot. Both units are occupied with tenants paying $750. One units lease expires on 4/30/21, the other is month/month. 9.5% CAP with rents only going up.
Documents and Related Links  
1) Lead Paint Addendum
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  N-On Parker Dr To E-On Prospect
    • BUILDING INFO  
  • Number of Units  2
  • Year Built  1870
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  2
  • # Dryers  2
  • # Units w/AC  0
    • 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  4100
  • Net Operating Inc  13900
  • Year  2018
    • ASSESSMENT/SCHOOLS   
  • School District  Janesville
  • High School  Parker
  • Middle  Marshall
  • Elementary  Adams
  • Land Assessment  $20,400
  • Improvements  $71,700
  • Total Assessment  $92,100
  • Net Taxes  $2,404
  • Assessment Year  2018
  • Tax Year  2018
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.16
  • Source for Est. Total Acres  Appr
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Dining room, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer, Wood or sim. wood floor
  • Unit 2  Balcony/patio, Dining room, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer, 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 1 04/30/2021 $750 1,000 Street No No Yes
    2 2 1 1 M / M $750 1,000 2 Space No No Yes
    3 0 0 0 - $0 0 - - - -
    4 0 0 0 - $0 0 - - - -
    Items Included Refrigerator in both units Stove in both units
    Items Excluded  All the tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured Concrete Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Duplex
  • Parking per Unit  2 spaces, Outside
  • Barrier-free Features  
  • Exterior  Vinyl
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Lease(s) on file
  • Miscellaneous  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Rocket Realty And Property Management