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Listed by Melissa L Lenz • Shorewest Realtors, Inc.
$ 190,000
Est. payment /mo
Active
1718 Erie Racine, WI 53402
4 Beds
2 Baths
2,255 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $84
MLS Listing ID 1955502
Bedrooms 4
Full Baths 2
Year Built 1884
Annual Tax Amount $3,651
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!
Location
State WI
County Racine
Zoning Res
Rooms
Basement Block, Full
Interior
Heating Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding
Parking Features Driveway Entrance, Parking Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
Others
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