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$ 265,000
Est. payment | /mo
2,954 SqFt
$ 265,000
Est. payment | /mo
2,954 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,954 sqft
Price per Sqft $89
MLS Listing ID 1955936
Year Built 1869
Annual Tax Amount $5,611
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Investors, take note! Whether you're expanding your portfolio or just getting started, this 4-unit property presents an excellent opportunity. Each unit offers 2 bedrooms and 1 bath, providing comfortable and functional living spaces for tenants. Unit 4 has been recently remodeled, featuring an updated kitchen and new flooring. Ideally located near downtown Racine, the property is within close proximity to public parking, transportation, shopping, and dining options--enhancing tenant convenience and desirability. With potential rental income of approximately $3,475 per month, this property is a strong income-producing asset with solid upside. A smart addition to any investment portfolio.
Location
State WI
County Racine
Zoning R-3
Rooms
Basement Brick, Full
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions 4 Refrigerators and Stoves as seen in apartments.
Exterior
Exterior Feature Vinyl, Wood
Parking Features None
Building
Dwelling Type Apartment Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Racine
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Listed by Berkshire Hathaway Home Services Epic Real Estate