1863 Roosevelt AVENUE

Racine,WI 53406

$ 640000

- Bed

- Bath

7488 SqFt


Key Details

Property Type Multi-Family

Listing Status Accepted Offer

Purchase Type For Sale

Square Footage 7,488 sqft

Price per Sqft $85

MLS Listing ID 1899568

Year Built 1978

Annual Tax Amount $11,451

Tax Year 2023

Lot Size 0.400 Acres

Acres 0.4

Property Description

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.

Location

State WI

County Racine

Zoning R4

Rooms

Basement Full

Interior

Heating Electric

Equipment Seller Owned: Dryer,Seller Owned: Washer,Seller Owned: Water Heater

Exterior

Exterior Feature Brick/Stone,Brick,Partial-Aluminum

Waterfront N

Building

Dwelling Type Apartment Building

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

School District Racine

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