309-313 W Milwaukee St

Janesville, WI 53548
  • $650,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 800

    SqFt

About the Listing 24655 - 55937

7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available.

Listing Highlights

Status Pending
Days on Site 30
Property Type Multi-Family
MLS ® 2022089
Year Built 1900
Total Square Footage 800
Lot/Acreage 0.08
County Rock
Elementary School Wilson
Middle School Franklin
High School Parker

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Unfinished
  • Other:
  • Water:

Exterior Details

  • Lot Description: 229000
  • Garage Capacity: N/A
  • Zoning: B-5
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 1 Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

309-313 W Milwaukee St Janesville, WI 53548

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