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  • $232,500

    1223 Ravine Street, Janesville, WI 53548

    4beds
    2,596sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $242,000 Zestimate®
    $90/sqft
    $1,256 Estimated rent

    What's special

    Investment property available in Janesville - upper/lower duplex with $2,300 gross monthly rent. Originally built as a duplex, lower unit includes 2 beds, 1 full bath, rent will be $1,150/month. Upper unit has 2 beds, 1 full bath, rent is $1,150/month. Month-to-month leases offer flexibility for new owner to raise rents, change lease terms, or convert to 12 month lease with one month's notice. Separate electric and gas meters, shared water meter. Low maintenance building, easily rented units. New in 2014; siding, windows, furnaces, water heaters, electric, and plumbing. Roof new about 2012. Two car detached garage, each tenant uses one garage stall. Long term lower tenant would like to stay and has written notices to be at market rate rent of $1,150 by June 2025(currently $950/month).

    Zillow last checked: 7 hours ago

    Listing updated: September 30, 2024 at 08:03pm

    Listed by:

    John Mansur john@mansurrealestate.com,

    Mansur Real Estate LLC

    Bought with:

    Nicholas M Allen

    Source: WIREX MLS,MLS#: 1982103MLS LogoOriginating MLS: South Central Wisconsin MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,596
    • Total interior livable area: 2,596 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 241 0135200508
    • Zoning: R2
    • Special conditions: Arms Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • 21+ Years
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: Separate Electric Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Electric Meters, Separate Gas Meters

    Community & neighborhood

    Location
    • Region: Janesville
    • Municipality: Janesville
    Services availability