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Listed by Susan Anderson • Shorewest Realtors, Inc.
$ 425,000
Est. payment /mo
Price Dropped by $25K
1028 S Memorial Racine, WI 53403
0.39 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1970894
Year Built 1900
Annual Tax Amount $4,846
Tax Year 2025
Lot Size 0.390 Acres
Acres 0.39
Property Description
Six unit multifamily investment opportunity. Favorable mix of 2 1 bedroom and 4 2 bedroom units with practical floor plans. Income growth through lease-up possible with four recently vacant units that are rent-ready with updated eat-in kitchens, paint and flooring. Two occupied units have long-term clients month-to-month. Plenty of off street parking off the alley in the back and green space for tenants to enjoy.
Location
State WI
County Racine
Zoning R3
Rooms
Basement Block, Partial
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Vinyl
Parking Features Extra Space Avail., Near Public Transit, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
Others
Special Listing Condition 1031 Exchange
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