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Listed by Natalie Masse • Movoto, Inc.
$ 299,000
Est. payment | /mo
3,049 Sqft Lot
$ 299,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 1975799
Year Built 1890
Annual Tax Amount $4,655
Tax Year 2025
Contingent With Offer
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Excellent investment opportunity! This three-unit property features two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 recently remodeled; Unit 2 vacant and ready to rent or owner-occupy. Current rental income of $2,335/month from two occupied units, with projected rents of $3,570/month ($42,840/year) at full occupancy. Rentometer area market averages total $4,489/month based on bedroom counts. Tenants pay gas and electric. Basement offers coin-operated laundry (2 washers, 2 dryers) and tenant storage. Major updates include all three furnaces (2025-26), three landlord-owned refrigerators (2026), two stoves (2024-26), roof (2019), water heaters (2018-20), and exterior grading (2025). Great opportunity for investors or owner-occupants!
Location
State WI
County Racine
Zoning R3
Rooms
Basement Full, Laundry Facilities
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding
Parking Features None
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified

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