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$1,440,000
Est. payment /mo
12,360 SqFt
UPDATED:
Key Details
Property 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
Annual Tax Amount $15,031
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
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
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Hot Water/Steam
Inclusions All seller owned appliances.
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Brick/Stone, Brick, Stone
Building
Dwelling Type Apartment Building
Story 3 - 4
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Racine
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Listed by Realty ONE Group Boardwalk
Nearby School & Business
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