MLS Public Remarks 4 unit apartment building. All 4 apts are 1 BDR apts. Rental income $1,775/month. All 4 apts currently rented & on leases. Long-term tenants. 1 apt the tenant has rented for 30 years. Landlord pays water/sewer. Tenants pay heat/natural gas. Tenants pay electric in 3 of 4 apts. 1 furnace for each apt. Full basement. Off-street parking lot. 2,280 sq. ft. of living space. As-Is Value $153,750 per June 2022 appraisal. National & State historic registry property
Location City
Other Marketing Area
Mailing City Janesville
C/T/V City
Unit #
Directions Exit I-90 At Exit 175. Go West On E Racine Street. Turn Right On S Jackson Street
Number of Units 4
Year Built 1880
# Furnaces 4
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 4
# Water Softeners 0
# Stoves 4
# Refrigerators 4
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 4
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 4693
Net Operating Inc 16607
Year
School District Janesville
High School Parker
Middle Edison
Elementary Wilson
Land Assessment $14,600
Improvements $57,900
Total Assessment $72,500
Net Taxes $1,693
Assessment Year 2021
Tax Year 2021
Owner
Zoning res
Subdivision
Name of Lake/River
Est. Total Acres 0.17
Source for Est. Total Acres Slr
Unit 1
Unit 2
Unit 3
Unit 4
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
1 |
0 |
1 |
05/01/2023 |
$275 |
451 |
1 Space |
No |
No |
Yes |
2 |
1 |
1 |
0 |
04/01/2023 |
$500 |
700 |
1 Space |
No |
No |
Yes |
3 |
1 |
1 |
0 |
04/01/2023 |
$500 |
664 |
1 Space |
Yes |
No |
Yes |
4 |
1 |
1 |
0 |
04/01/2023 |
$500 |
465 |
1 Space |
No |
No |
Yes |
Items Included 4 refridgerators, 4 ovens/stoves
Items Excluded Tenant's and Seller's Personal Property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement Full
Type 2 story, Apartment building
Parking per Unit Outside
Barrier-free Features
Exterior Other
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Quorum Enterprises, Inc