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Listed by Keller Williams-MNS Wauwatosa
$325,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1940960
Year Built 1929
Annual Tax Amount $6,384
Tax Year 2024
Contingent With Offer
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Fully occupied and cash-flowing 4-family in the heart of Racine! This well-maintained property brings in $3,390/month in rental income across four 1 bed/1 bath units -- all of which have been renovated within the past few years. Updates include new windows, LVT flooring, fixtures, kitchen cabinets, countertops, faucets, and appliances. In 2020, the basement underwent extensive maintenance, including new block windows, tuckpointing, and full foundation waterproofing. Additional income from a Speed Queen coin-op washer and dryer & storage units. Exterior improvements completed in 2022 include tuckpointing, chimney repair with new cap, and new attic insulation. Outside, enjoy a fenced backyard with balconies or patios for each unit. A great investment opportunity!
Location
State WI
County Racine
Zoning R3
Rooms
Basement Block, Full, Laundry Facilities
Interior
Heating Electric
Cooling Electric
Flooring No
Exterior
Exterior Feature Brick
Parking Features None
Building
Dwelling Type Apartment Building
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