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Listed by Coldwell Banker Realty
$750,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Lower First Ward
MLS Listing ID 1912708
Year Built 1900
Annual Tax Amount $4,799
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Exceptional opportunity to acquire a fully renovated, cash-flowing 7-unit multi-family in vibrant Downtown Racine. This turnkey property spans two buildings on one parcel and includes four 2-bed/1-bath and three 1-bed/1-bath units. Each unit has been gut-renovated with LVP flooring, LG stainless steel appliances, modern lighting, and stylish finishes. Major upgrades include new roofs, siding, windows, porches, and updated mechanicals. Amenities include a full basement with tenant storage and on-site laundry. Ideal for investors seeking a low-maintenance, stabilized asset with strong income potential and long-term upside.
Location
State WI
County Racine
Zoning R-3
Rooms
Basement Block, Full, Laundry Facilities, Walk Out/Outer Door
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding, Brick
Parking Features Near Public Transit, None
Building
Dwelling Type Apartment Building,Other
Water Municipal Sewer, Municipal Water
Schools
Elementary Schools Julian Thomas
Middle Schools Jerstad-Agerholm
School District Racine Unified
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