For Sale: Janesville MLS# 6782770
Active
$489,900
Commercial: Other
Built 1900
0.28 acres
Janesville-Waldorf-Pember schools
MLS# 6782770
Ask Sheila:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Prime Mixed-Use Investment in the Heart of Downtown Janesville. 11 units in total: 7 apartments and 3 commercial/office. Don't miss this excellent opportunity to own a centrally located mixed-use property in historic downtown Janesville. This iconic 1900s building features freshly renovated residential apartments and a long-term commercial tenant (State Farm) providing reliable income. Cash flowing property with CapX and positive tenancy turnover conducted by current ownership. Two small office vacancies and the lower level includes 2, 500+ sq. ft of additional space - ideal for future development, storage, or added rental income.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$489,900
Property Type:
Commercial
City:
Janesville
Garage Spaces:
0
County:
Waseca
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
56048
Subdivision Name:
Original Plat/Janesville Minn
Interior
Basement Details:
Partially Finished
Exterior
Garage Spaces:
0
Other Parking Spaces:
8
Foundation Size:
4,383 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Unassigned
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.28
Geolocation:
44.116065, -93.707983
Inclusions:
Building, Land, Leases
Lot Dimensions:
45 x 140
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
2835
District Phone:
507-234-5478
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,560
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,766
Income
Annual Gross Income:
$76,080
Units
Total Units:
11
Miscellaneous
Current Use:
- Beauty/Barber Shop
- Commercial
- Professional Service
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- City Water - In Street
- City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.