Description
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.
-
0BEDS
-
0.08ACRES
-
0BATHS
-
01/2 BATHS
-
6,400SQFT
-
$102$/SQFT
School Ratings & Info
Description
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.
© 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 prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-05-09T18:41:25.383.