Property Description

Incredible fully rented 8 unit investment property located 2 blocks away from Lake Michigan! This property has undergone an extensive remodel & provides modern living standards. Keyless keypad entry on all doors. Coin operated laundry room available for all tenants. New plumbing & tankless water heaters. Keyless keypad Interior on all units have been remodeled for modern living & very low maintenance costs. All 8 units are 1 bed/1bath (4 larger, 4 smaller). Total monthly revenue from the building is $7,070 (Rent $6,870+ laundry $200) Rent roll in documents. 7 tenants paying for gas/electric. 1 tenant on house meter. Owner paying for water/sewer, trash, & just the house meter gas/electric. Unit pictured is #7. All occupied units are in similar condition.

Features
: Full, Laundry facilities
Location Details
Main St to 10th St, West to property
US
WI
Racine
Racine
53403
10th
314
St
Racine Unified
Case
Mitchell
Johnson
0
W88° 12' 56.4''
N42° 43' 18.1''
Property Information
Active
R4
$5,794
2023
: Hot water/steam
: Apartment building
: Municipal sewer, Municipal water
00140
Coldwell Banker Realty -Racine/Kenosha Office
(262) 681-2020
racine@cbexchange.com
blackstoneteam
Blackstone Realty Services Team*
0 Sqft
0
0
8
$0

Multi-Family Investment

314 10th St, Racine, Wisconsin 53403

0 Bedrooms
0 Bathrooms
0 Sqft
$700,000
Listing ID #1877320
Basic Details
Property Type : Multi-Family Investment
Listing Type : For Sale
Listing ID : 1877320
Price : $700,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1905
Lot Area : 0.18 Acre
Agent info
Maureen Stapleton
Stapleton Realty
112 N. Main Street Oconomowoc, WI 53066
Contact Agent