306-308 West Centre Street Footville, WI 53537
Spacious 3-bedroom units near downtown Janesville.
Property Features for 306-308 West Centre Street
General Information
- Standard status
- Active
- Size
- 2,402 SF
- Property subtype
- Multi Family / 2 flat-up and down
Building Details
- Year Built
- 1900
Listing office Artisan Graham Real Estate (920) 723-1886
Listing date May 4, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Artisan Graham Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Great investment opportunity as an upper/lower duplex.
- Two spacious 3‑bedroom units.
- Separate utilities for each unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $13.80 |
| − Vacancy | −$1.5k | −$0.62 |
| EGI | $31.7k | $13.18 |
| − OpEx | −$9.5k | −$3.95 |
| NOI | $22.2k | $9.23 |
