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$259,900
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Property Description
Investment property available in Janesville - upper/lower duplex with $2,675 gross monthly rent(currently at $2,525/month). New roof installed August 2024. Lower unit includes 4 beds, 2 baths, rent is $1,400/mth(notice given to be at $1,500 by 1-1-25). Upper unit has 2 beds, 1 bath, rent is $1,175/mth. Month-to-month, flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Tenants pay electricity/gas, owner currently pays for water/sewer and lawn/snow. Separate electric/gas meters, shared water meter. Newer siding/windows, updated electric/plumbing. Two car detached garage, each tenant has one stall. Lower unit has recently had notice of future rent increases and will be at posted numbers by 1-1-25.
Full Property Details
Full Property Details for 506 S Jackson St
General
- Sold For: $259,900
- Taxes: $3,671 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 1978722
- Added to Site: 625 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 2 Spaces
- Garage Description: 2 Car, Detached
Location
- Municipality: Janesville
- County: Rock
- Driving Directions: W Racine St to S on S Jackson St
School Information
- School District: Janesville
- Elementary School: Wilson
- Middle School: Franklin
- High School: Parker
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Gas Meters
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Partial
- Year Built: 1900
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 1305
- Bedrooms: 4
Unit 2
- Square Feet: 936
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: R2
Financial Considerations
- Tax Amount: $3,671
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Seller's and tenant's personal property
- Inclusions: 2 refrigerators, 2 stove/ovens
Listed by Mansur Real Estate LLC
Sold by First Weber Inc
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Schools
Schools serving 506 S Jackson St
School District:Janesville School District
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, Janesville, WI 465 Rockport Road, Janesville, WI 53548 | PK-5 | 0.3 mi |
Franklin Middle School, Janesville, WI 450 North Crosby Avenue, Janesville, WI 53548 | 6-8 | 1.7 mi |
Parker High School 3125 Mineral Point Avenue, Janesville, WI 53548 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 S Jackson St
Date
Details
Price
Change
Source
11/08/2024
Sold
$259,900
—
MLS
8/06/2024
Price Reduced
$259,900
-74%
MLS
7/10/2024
Price Reduced
$999,600
-18.03%
MLS
7/01/2024
Price Reduced
$1,219,500
-15.31%
MLS
6/11/2024
Price Reduced
$1,440,000
-7.69%
MLS
6/04/2024
Listed
$1,560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 S Jackson Street, Janesville, WI 53548 (MLS# 1978722) is a Multi-Family property that was sold at $259,900 on November 08, 2024. Want to learn more about 506 S Jackson Street? Do you have questions about finding other Multi-Family real estate for sale in Janesville? You can browse all Janesville real estate or contact a Coldwell Banker agent to request more information.

