Courtesy of: Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com
Courtesy of: Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com
$550,000
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Lot: 0.28 Acres
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Other
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$550,000
170 S Jackson Street 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...
Courtesy of: Ferraro Real Estate Team, EXP Realty, LLC, Info@soldinmadison.com
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