266 S Jackson St, Janesville, WI 53548
- $850,000
Courtesy of Ferraro Real Estate Team with EXP Realty, LLC. 608-838-1377
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 2034932
- Acres
- 0.20
- Year Built
- 1900
Property Description
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.
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Additional Information
- Architecture
- Apartment
- Style
- Apartment
- Garage Description
- Carport, Outside
- School District
- Janesville
- Elementary School
- Wilson
- Middle School
- Franklin
- High School
- Parker
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This information, provided by seller, listing broker, and other parties, may not have 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 perspective properties consumers may be interested in purchasing.