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Listing Courtesy Of:

Listing Office: Shorewest Realtors, Inc.

1028 S Memorial Dr Racine, WI 53403

$475,000
Active / MLS# 1970894 / Multi Unit - Multiple / Racine
0 Beds

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.

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Baird & Warner Liz O'Connell Agent Cell: 708.772.0337 Email

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Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,597.93 per month $1,055.56 Principal & Interest $403.83 Property Tax $138.54 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Block, Partial
Home Style: Apartment Building
Lot Size: 0.39 Acres
Taxes: $4,846
Year Built: 1900

Feature Descriptions

Data Source: Metro MLS
Exterior: Vinyl
Flood Plain: No
Garage/Parking: Extra Space Avail., Near Public Transit, Outdoor Space
Heating/Cooling: Forced Air, Natural Gas
Parking Spaces: 8.00
Unit 1 Type: 1 Bath,1 Bedroom, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
Unit 2 Type: 1 Bath,2 Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator
Units: 6
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: R3

Schools

School District: Racine Unified

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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