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Listed by Premier Point Realty LLC
$495,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1935645
Year Built 1890
Annual Tax Amount $8,920
Tax Year 2024
Contingent With Offer
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Turn-Key Investment Opportunity!Welcome to this beautiful 6-unit property in Racine! Each unit offers 2 bedrooms plus sunrooms - perfect for EXTRA living space, an office, or recreation! SOLID brick exterior, private backyard, and individual balconies--ideal for relaxing summer nights. Inside, you'll find HIGH ceilings & spacious layouts (see video!) that make each unit feel open and inviting. The property features separate electric boxes per unit, with trash removal included in rent(water tenant paid). Current rents average $820/month, now projecting $5,000/month in income with room to grow--an excellent value-add opportunity! Parceled storage lockers & full basement! Coin laundry for ADDITIONAL INCOME! Don't miss your chance to own this cash-flowing property--schedule your showing!
Location
State WI
County Racine
Zoning R4
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Parking Features None
Building
Dwelling Type Other
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
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Coltyn Bettis
Rural Property Specialist | License ID: 84640-94
Rural Property Specialist License ID: 84640-94