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Active - Other for sale
Janesville, MN
Facts & features
Why you’ll love it
- Renovated
Strong mixed-use investment opportunity in the heart of downtown Janesville. This iconic 1900s building offers a stabilized asset with improved tenancy, renovated apartment units, and a long-term State Farm commercial tenant in place. The property includes 7 apartment units and 3 commercial suites. Major capital improvements and deferred maintenance items have already been addressed, including more than $70,000 in RTU upgrades, creating a near-turnkey investment opportunity with reduced near-term capital needs. The property currently generates $6,324 per month in rental income, with additional upside through two vacant office suites. The lower level provides 2,500+ sq. ft. of additional space for storage, future tenant use, or other income-producing possibities, offering further value-add potential for an investor
Listed by: RE/MAX Results
Co-listed by: RE/MAX Results
Source: Northstar MLS as distributed by MLS GRID, MLS#: 7059604
Based on information as of Jun 01, 2026 at 01:00am EDT.
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Affordability
$2,771/mo
- Mortgage$2,402
- Property tax$370
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Original Plat/Janesville Minn
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
