170 S Jackson Street, Janesville, WI 53548
170 S Jackson Street, Janesville, WI 53548
170 S Jackson Street, Janesville, WI 53548
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Jacob Ballweg

Jacob Ballweg

Ballweg's Real Estate LLC

+1(920) 219-2168
$550,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2033692

Year Built 1850

Annual Tax Amount $5,019

Tax Year 2025

Lot Size 0.280 Acres

Acres 0.28

Property Description

Turnkey 5-unit investment opportunity in Janesville with the heavy lifting already completed. Recently converted and approved by the City as a 5 unit property, the building has undergone a full operational reset. Ownership vacated the building, transitioned away from the previous management, completed turnovers and touch ups throughout every unit, and brought in a professional property management company to oversee operations moving forward. Major improvements include a newly installed sprinkler system, brand new landscaping, refreshed units, and significant attention to the overall condition and presentation of the property. Current rent roll is $4,400 per month, with a target of approximately $5,600 per month once the final unit is leased. 4/5 units leased. A strong opportunity for an investor looking to acquire a stabilized multifamily asset with additional income upside and without taking on an immediate renovation or management overhaul.

Location

State WI

County Rock

Zoning Commercial

Rooms

Basement Full

Interior

Interior Features Fire Sprinklers

Heating Natural Gas

Cooling Forced Air

Inclusions 5 Stoves, 5 Refrigerators, 1 Washer, 1 Dryer, 1 Dishwasher

Exterior

Exterior Feature Brick

Parking Features 2 Car, Detached

Garage Spaces 2.0

Utilities Available Separate Electric Meters

Building

Dwelling Type Apartment Building

Sewer Municipal Water, Municipal Sewer

New Construction N

Schools

Elementary Schools Wilson

Middle Schools Franklin

High Schools Parker

School District Janesville

Others

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Listed by EXP Realty, LLC

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Jacob Ballweg
Jacob Ballweg

Broker License ID: 57699-90

+1(920) 219-2168 | [email protected]

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170 S Jackson Street