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164 S Franklin St,  Janesville,  WI  53548 $199,900 Sold
164 S Franklin St,  Janesville,  WI  53548
$199,900
Sold
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 Property Type Multi Family
 Parcel # 2410136400704
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1940475
 Listing Date 07/29/2022
 Sold Price $195,000
 Close Date 12/09/2022 12:00 AM

MLS Public Remarks  Investment property with excellent cash flow. Featuring spacious 2 Unit with 3 BR each. Lower unit had many updates including new appliances, new flooring & fresh paint as of 2021. Seller also replaced partial roof, water heater and added new egress stairs in 2021. Large Pole barn is currently rented out as added monthly income. Property has been Professionally Managed by Walker Property Management for last 6 years. Tenants pay all utilities except water. Both Units have Washer & Dryer Hook-ups. Seller is selling another investment properties and would be interested in discussing options for selling both properties together. Other property is 331 S Academy St Janesville.
Documents and Related Links  
1) RECR
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  West Court Street To South On S. Franklin Street
    • BUILDING INFO  
  • Number of Units  3
  • Year Built  1890
  • # Furnaces  2
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  2
  • # Refrigerators  2
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  2
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  0
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  2
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  0
  • Net Operating Inc  0
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Janesville
  • High School  Parker
  • Middle  Franklin
  • Elementary  Wilson
  • Land Assessment  $16,800
  • Improvements  $82,100
  • Total Assessment  $98,900
  • Net Taxes  $2,333
  • Assessment Year  2021
  • Tax Year  2021
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  O-2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.21
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Balcony/patio, Family/Rec. room, Individual heat control, Range/oven, Refrigerator, Separate Storage Unit Inc
  • Unit 2  Balcony/patio, Family/Rec. room, 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 3 1 0 MTM $925 1,354 2 Car Garage No No Yes
    2 3 1 0 MTM $845 1,084 2 Space No No Yes
    3 0 0 0 MTM $300 0 2 Car Garage No No No
    4 0 0 0 - $0 0 - - - -
    Items Included 2 Refrigerators, 2 Range/Ovens
    Items Excluded  Owner and Tenants personal property
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block Foundation, Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   2 flat, 2 story
  • Parking per Unit  1 space, 2 Car garage, 2 spaces, Detached, Outside
  • Barrier-free Features  
  • Exterior  Aluminum/Steel
  • Waterfront  
  • Terms  
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit, Sep gas meters each unit
  • Legal Documents  Condition report on file, Income/Exp Report Avail, Lease(s) on file
  • Miscellaneous  Close to bus line



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Realty Executives Cooper Spransy