324 Caroline Street

Janesville, WI 53545

$175,000
Price
3
Beds
3
Baths
1,437 Sq. Ft.
$122 / Sq. Ft.
1,437
Sq. Ft.
$122
per Sq. Ft.

Description

324 Caroline St offers a great opportunity for investors seeking a 3-unit rental property in Janesville, WI. This well-maintained building is professionally managed and currently in serviceable condition, with potential for improvements that could increase its value and rental income. The property consists of three individual units, each with its own rental income stream with a total rent roll of $2,155 per month, this property provides stable, consistent cash flow. While the property is in good...324 Caroline St offers a great opportunity for investors seeking a 3-unit rental property in Janesville, WI. This well-maintained building is professionally managed and currently in serviceable condition, with potential for improvements that could increase its value and rental income. The property consists of three individual units, each with its own rental income stream with a total rent roll of $2,155 per month, this property provides stable, consistent cash flow. While the property is in good condition, there is plenty of room for upgrades to enhance its appeal and overall profitability. Whether you're an experienced investor or new to real estate, 324 Caroline St presents a solid investment opportunity.
  1. Listed by Brian Lawton • EXIT Realty HGM

Property Details for 324 Caroline Street

Zoning
R-2
LISTING UPDATED: 12/03/2024 08:31 PM

Property Details for 324 Caroline Street

StatusOffer - No Show
MLS #1990060
Days on Market6
Taxes$1,927 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 story
Year Built1873
Lot Size0.12 AC / 5,227 SF
CountyRock County

Building Information for 324 Caroline Street

Stories-Residences3Year Built1873Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 324 Caroline Street

Summary
Location and General Information
  • C/T/V: City
  • County: Rock
  • County Qtr Section: Rock NE
  • Directions: .
  • Location: JANESVILLE - C
  • Mailing City: Janesville
  • Municipality: Janesville
  • State: WI
  • Zip: 53545
Parking
  • Park/Unit: 2 stall garage, Detached, 2 spaces, Outside
  • Parking Spaces Outside: 4
  • Parking Stalls Inside: 0
School Information
  • Elementary: Adams
  • High School: Craig
  • Middle School: Marshall
  • School District: Janesville
Taxes and HOA Information
  • Net Taxes: $1,927.00
  • Parcel ID: 241 0125300259
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 99200
  • Land Assess: $15,700.00
  • Legal Documents: Condition report on file, Lease(s) on file
  • Total Assess: $114,900.00
  • Total Assess Year: 2023
  • Type: 2 story
  • Year Built: 1873
Lot Information
  • Estimated Total Acres: 0.12
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
Interior Features
  • Items Included: 3 stove/range, 3 refrigerators
  • Items Excluded: Tenant and sellers personal property
  • Number of Dish Washers: 0
  • Number of Dryers: 0
  • Number of Furnaces: 0
  • Number of Stoves: 3
  • Number of Refrigerators: 3
  • Number of Washers: 0
  • Number of Water Heaters: 1
  • Number of Water Softeners: 0
  • Basement: Partial, Other foundation
  • Heating Fuel: Natural Gas
  • Heating Type: Other
  • Number of Efficiencies: 1
Room Information
Bedrooms
  • Number of 1 Bedrooms: 1
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 3
Income & Expenses Information
  • Net Operating Income: $12,449
  • Net Operating Income Year: 2024
  • Total Expenses: $9,450
  • Total Income: $21,899
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Individual heat control,Wood or sim. wood floor
  • U1 Parking: 1 Car Garage
  • U1 Number of Bedrooms: 0
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 425
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 0x0
  • Unit 1 Living/Great Room Dimensions: 0x0
  • Unit 1 Primary BedRoom Dimensions: 0x0
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Wood or sim. wood floor,Individual heat control
  • U2 Parking: 1 Car Garage
  • U2 Number of Bedrooms: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 625
Unit 3
  • Unit 3: Family/Rec rm,Eat-in kitchen,Range/oven,Refrigerator,Wood or sim. wood floor,Individual heat control
  • U3 Parking: 1 Space
  • U3 Number of Bedrooms: 1
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 387
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: Yes

Property History for 324 Caroline Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 324 Caroline Street

Taxable ValueLand$15,700Additions$99,200Total$114,900
Tax Record2023$1,927 ($161 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,509 SqFtAbove Grade Finished SqFt1,509 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1860ZoningR2CountyROCKAPN0125300259

Schools near 324 Caroline Street

This home is within Janesville School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Adams Elementary School
PublicPK to 5

Franklin Middle School
Public6 to 8

Parker High School
Public9 to 12

Rock River Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Realty HGM

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/03/2024 08:31 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved