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Listed with EXP Realty, LLC
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6 unit multifamily property in Janesville, extensively renovated down to the studs with all major capital expenditures updated throughout the building. Currently, 4 of the 6 units are occupied, generating approximately $4,400/month in rental income, with projected stabilized rents of $6,600 to $7,200/month. With the major capital improvements already completed, the opportunity for the next owner lies in improving occupancy, rental rates, and overall management efficiency rather than taking on costly renovations. Tenants pay their own heat and electricity, while ownership covers water, sewer, and trash. Additional features include two sets of coin washers and dryers in the basement and covered carport parking for all six units. An opportunity to acquire a substantially renovated multifamily property with existing income and considerable operational upside. Some photos AI edited.
Property Type(s):
Multi Family
| Last Updated | 10/21/2026 | Year Built | 1900 |
|---|---|---|---|
| County | Rock |
SCHOOLS
| School District | Janesville |
|---|---|
| Elementary School | Wilson |
| Jr. High School | Franklin |
| High School | Parker |
Additional Details
| APPLIANCES | Dryer, Refrigerator |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| LOT | 8712 sq ft |
| MLS STATUS | Active |
| PARKING | Carport, Outside |
| SEWER | Public Sewer |
| TAXES | 5966 |
| WATER | Public |
Listed with EXP Realty, LLC
Information is supplied by seller and other third parties and has not been verified.
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