Brought to you by Realty Executives Premier
Request More Info
Schedule a Showing
Share
Print
|
Listed with EXP Realty, LLC
|
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 approximately $4,400 per month, with a target of approximately $5,600 per month once the final unit is 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.
Property Type(s):
Multi Family
| Last Updated | 9/30/2026 | Year Built | 1850 |
|---|---|---|---|
| Garage Spaces | 2.0 | County | Rock |
SCHOOLS
| School District | Janesville |
|---|---|
| Elementary School | Wilson |
| Jr. High School | Franklin |
| High School | Parker |
Additional Details
| APPLIANCES | Cooktop, Dishwasher, Dryer, Refrigerator |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| LOT | 0.28 acre(s) |
| MLS STATUS | Active |
| PARKING | Detached, Outside |
| SEWER | Public Sewer |
| TAXES | 5019 |
| WATER | Public |
Listed with EXP Realty, LLC
Information is supplied by seller and other third parties and has not been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sarah McLean to contact you even if your name is on a Federal or State "Do not call List". | |
Twitter
Facebook
Email