418 North Parker Drive

Janesville, WI 53545

$850,000
Price
2
Beds
2
Baths
1,310 Sq. Ft.
$649 / Sq. Ft.
1,310
Sq. Ft.
$649
per Sq. Ft.

Description

Lucrative investment opportunity! Nice 1 bedroom units fully rented, each with their own private entrance. Loads of character throughout! All leases are month to month. Owned and meticulously maintained for 30 years by same owners. 13 parking stalls. Heated by 3 year old boiler along with 5 year old water heater. This property is easy to maintain.Lucrative investment opportunity! Nice 1 bedroom units fully rented, each with their own private entrance. Loads of character throughout! All leases are month to month. Owned and meticulously maintained for 30 years by same owners. 13 parking stalls. Heated by 3 year old boiler along with 5 year old water heater. This property is easy to maintain.
  1. Listed by John Nelson • EXIT Realty HGM

Property Details for 418 North Parker Drive

Zoning
R4
LISTING UPDATED: 08/30/2024 05:35 PM

Property Details for 418 North Parker Drive

StatusActive
MLS #1984885
Days on Market85
Taxes$6,051 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built1900
CountyRock County

Building Information for 418 North Parker Drive

Building/Complex418 N Parker DrFloor-Stories-Residences9Pet Policy-Year Built1900Building Size-

Property Information for 418 North Parker Drive

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: 1 space, Outside
  • Parking Spaces Outside: 13
  • Parking Stalls Inside: 0
School Information
  • Elementary: Washington
  • High School: Craig
  • Middle School: Marshall
  • School District: Janesville
Taxes and HOA Information
  • Net Taxes: $6,051.00
  • Parcel ID: 241 0125400371
  • Tax Year: 2023
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 299700
  • Land Assess: $49,500.00
  • Miscellaneous: Shared laundry
  • Total Assess: $349,200.00
  • Total Assess Year: 2023
  • Type: Apartment building, 2 story
  • Year Built: 1900
Lot Information
  • Estimated Total Acres: 0.28
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Utilities: Separate elec meters
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Stone
Interior Features
  • Items Included: Stove/ovens (9), refrigerators (9), coin washers (2), coin dryers (2)
  • Items Excluded: Seller and tenant personal property, A/C Window units (tenant owned)
  • Number of Dish Washers: 0
  • Number of Dryers: 2
  • Number of Furnaces: 1
  • Number of Stoves: 9
  • Number of Refrigerators: 9
  • Number of Washers: 2
  • Number of Water Heaters: 1
  • Number of Water Softeners: 0
  • Basement: Full, Partially finished, Poured concrete foundatn
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Number of Efficiencies: 0
Room Information
Bedrooms
  • Number of 1 Bedrooms: 9
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 0
  • Number of Units: 9
Income & Expenses Information
  • Net Operating Income Year: 2023
  • Total Expenses: $19,000
  • Total Income: $55,000
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Units 1-5
  • U1 Parking: 1 Space
  • U1 Number of Bedrooms: 1
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 760
  • 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: Yes
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Units 6-9
  • U2 Parking: 1 Space
  • U2 Number of Bedrooms: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 550

Property History for 418 North Parker Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 418 North Parker Drive

Taxable ValueLand$49,500Additions$299,700Total$349,200
Tax Record2023$5,987 ($499 / month)
Home Facts
Total Finished SqFt5,340 SqFtAbove Grade Finished SqFt5,340 SqFtStories2Lot Size12,197 SqFtStyleMiscellaneous CommercialYear Built1900ZoningR4CountyROCKAPN0125400371

Schools near 418 North Parker Drive

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.

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418 North Parker Drive is a multi-family home for sale in Janesville, WI 53545. This property was listed for sale on August 30, 2024 by EXIT Realty HGM, it's currently listed at $850,000. This listing's school district is Janesville School District. Nearby schools include Adams Elementary School, Franklin Middle School and Parker High School. 418 North Parker Drive is a 2-bed, 2-bath, 1,310 sqft multi-family home built in 1900.

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 08/30/2024 05:35 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