1421 McKinley Street

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1421 McKinley Street

Janesville, WI 53548
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset consists of a two-unit apartment building for sale.
  • Property is located at 1421 McKinley Street in Janesville, Wisconsin.
  • This building offers a total of two residential rental units.
  • Asset type is classified as a multi-family apartment building.
  • Positioned within a stable suburban market in the Wisconsin region.

What's Special

Investors seeking to expand their residential portfolio will find this two-unit apartment building at 1421 McKinley Street a straightforward addition. Situated in Janesville, Wisconsin, this asset provides a manageable scale for those focusing on workforce housing or long-term rental income within the local market. The property benefits from its position in a stable regional environment, characterized by consistent demand for multi-family units near regional employment centers. This location allows residents efficient access to local services and major thoroughfares throughout Rock County. With its current configuration, the building serves as a practical option for hands-on management or a value-add approach to stabilize occupancy in a growing suburban area of the state. Prospective owners can utilize the existing structure to tap into the steady rental market that defines this section of Janesville.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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