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Listed by Suanne Riley Riley Real Estate Group LLC
$ 429,900
Est. payment /mo
Active
1001 Prospect St Racine, WI 53404
4,032 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $106
MLS Listing ID 1982890
Year Built 1890
Acres 0.13
Property Sub-Type Multi-Family
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
Direction Spring St to State St. Turn right onto State St. Continue on Marquette St. Drive to Prospect St
Rooms
Basement Full
Exterior
Parking Features Outdoor Space
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Vinyl
Schools
School District Racine Unified
Others
Tax ID 276-00-00-02-684-000
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