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Listed by Devin Cain Realty ONE Group Boardwalk
$ 1,440,000
Est. payment | /mo
12,360 SqFt
$ 1,440,000
Est. payment | /mo
12,360 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,360 sqft
Price per Sqft $116
MLS Listing ID 1964752
Year Built 1928
Acres 0.12
Property Sub-Type Multi-Family
Property Description
Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back! Recent improvements include a new roof, 2 boilers and hot water heaters, helping lower future maintenance costs. The property also features a newly updated on-site laundry facility with a 24-hour live security feed for added tenant safety and convenience. Located in a prime downtown location near shopping, dining, entertainment, and Lake Michigan, this well-maintained property is an excellent opportunity for invest
Location
State WI
County Racine
Zoning B4
Direction GPS Accurate
Rooms
Basement Full
Interior
Inclusions All seller owned appliances.
Exterior
Parking Features Near Public Transit, Outdoor Space
Exclusions Tenants personal property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Stone,Brick
Schools
School District Racine Unified
Others
Tax ID 00027000
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