423-425 Center Avenue

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423-425 Center Avenue

Janesville, WI 53548
Asking Price
$280K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for purchase at 423-425 Center Avenue.
  • The property features two distinct residential units for rental income.
  • Janesville is a growing suburban market located in Rock County, Wisconsin.
  • The listing is priced at 280000 dollars for the entire asset.
  • This building offers a practical solution for residential property investors.

What's Special

Investors seeking a residential rental opportunity will find this multifamily apartment building at 423-425 Center Avenue in Janesville, Wisconsin, well-positioned for consistent occupancy. The property consists of two units, offering a straightforward management structure for those entering the local housing market. Janesville maintains a stable presence as a regional hub in Rock County, benefiting from its proximity to larger industrial centers and a steady demand for workforce housing options. The building's layout supports a classic rental model, making it a functional addition to a diversified real estate portfolio. Prospective owners can leverage the current unit count to stabilize cash flow while capitalizing on the area's ongoing demand for multi-unit residential living spaces. This acquisition provides a clear entry point for adding value to a portfolio within a functional suburban environment that serves the broader Southern Wisconsin region.

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NOI
$80,000
Cap Rate
28.57%
DSCR
4.81
Strong
Cash-on-Cash
75.45%
Monthly Payment
$1,385.287
Annual Cash Flow
$63,376.553

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