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525 Milton Avenue,  Janesville,  WI  53545 $249,900 Sold
525 Milton Avenue,  Janesville,  WI  53545
$249,900
Sold
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 Property Type Multi Family
 Parcel # 0125300458
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1962846
 Listing Date 08/27/2023
 Sold Price $241,000
 Close Date 10/09/2023 12:00 AM

MLS Public Remarks  This 4-unit with great rental history could be the next one in your investment portfolio, or maybe a first! Currently fully occupied with 4 tenants, this property brings in over $2700/mo in gross rents. With many recent updates including a new roof, new water and sewer laterals, furnace, water heater, and electrical (unit 1), this property is a few more updates away from even greater cash flow. Be sure to check it out today!
Documents and Related Links  
1) RECR/ ADD S
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  Milton Ave . Janesville
    • BUILDING INFO  
  • Number of Units  4
  • Year Built  1900
  • # Furnaces  1
  • Heating Type  ForcAir
  • Heating Fuel  Nat Gas
  • # Water Heaters  2
  • # Water Softeners  0
  • # Stoves  4
  • # Refrigerators  4
  • # Dish Washers  0
  • # Washers  0
  • # Dryers  0
  • # Units w/AC  0
    • TOTAL UNITS BY TYPE  
  • Number of Efficiencies  0
  • Number of 1 Bedrooms  4
  • Number of 2 Bedrooms  0
  • Number of 3+ Bedrooms  0
    • ANNUAL INCOME/EXPENSES  
  • Total Income  0
  • Total Expenses  4080
  • Net Operating Inc  28920
  • Year  
    • ASSESSMENT/SCHOOLS   
  • School District  Janesville
  • High School  Call School District
  • Middle  Call School District
  • Elementary  Call School District
  • Land Assessment  $31,700
  • Improvements  $132,700
  • Total Assessment  $164,400
  • Net Taxes  $3,891
  • Assessment Year  2022
  • Tax Year  2022
  • Owner  
    • LOT DESCRIPTION  
  • Zoning  R2
  • Subdivision  
  • Name of Lake/River  
  • Est. Total Acres  0.37
  • Source for Est. Total Acres  PubR
    • UNIT INFORMATION  
  • Unit 1  Family/Rec. room, Range/oven, Refrigerator
  • Unit 2  Family/Rec. room, Range/oven, Refrigerator
  • Unit 3  Family/Rec. room, Range/oven, Refrigerator
  • Unit 4  Family/Rec. room, Range/oven, Refrigerator
    • Landlord Pays
    Unit Bedrooms Full Baths Half Baths Lease Expiration Date Month Rent Fin Sq.Ft Parking Elec Heat W/S
    1 1 1 0 MTM $600 438 1 Space No Yes Yes
    2 1 1 0 MTM $650 741 1 Space No Yes Yes
    3 1 1 0 7/31/24 $850 444 1 Space No Yes Yes
    4 1 1 0 MTM $650 534 - No Yes Yes
    Items Included 4 Stove, 4 Refrigerator
    Items Excluded 
    INTERIOR FEATURES  
  • Energy Efficient/Green Features  
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Other Foundation
    • EXTERIOR FEATURES  
  • Type   2 story, Apartment building
  • Parking per Unit  Carport, Outside
  • Barrier-free Features  
  • Exterior  Other
  • Waterfront  
  • Terms  Exchange
    • OTHER FEATURES  
  • Utilities  Sep elec meters each unit
  • Legal Documents  Condition report on file, Lease(s) on file
  • Miscellaneous  Close to bus line



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Ignite