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
61 days
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194
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3
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Zillow last checked:
Listing updated:
Listed by:
Devin Cain262-902-9152,
Realty ONE Group Boardwalk
Source: WIREX MLS,MLS#: 1964752Originating MLS: Metro MLS
Facts & features
Interior
Heating
Natural Gas, Hot Water/Steam
Appliances
Included: Dryer, Washer, Seller Owned: Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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