1001 Prospect, Racine, WI 53404
1001 Prospect, Racine, WI 53404
1001 Prospect, Racine, WI 53404
1001 Prospect, Racine, WI 53404
1001 Prospect, Racine, WI 53404
1001 Prospect, Racine, WI 53404
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Listed by Suanne Riley • Riley Real Estate Group LLC
$ 429,900
Est. payment | /mo

5,662 Sqft Lot


Save
$ 429,900
Est. payment | /mo
Save

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1982890

Year Built 1890

Annual Tax Amount $5,806

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.

Location

State WI

County Racine

Zoning Commercial

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Vinyl

Parking Features Outdoor Space

Building

Water Municipal Sewer, Municipal Water

Schools

School District Racine Unified

Metro MLS Back Office Only (CMA)

Nearby Schools & Businesses

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1001 Prospect