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Exceptional opportunity to acquire a fully renovated, cash-flowing 7-unit multi-family in vibrant Downtown Racine. This turnkey property spans two buildings on one parcel and includes four 2-bed/1-bath and three 1-bed/1-bath units. Each unit has been gut-renovated with LVP flooring, LG stainless steel appliances, modern lighting, and stylish finishes. Major upgrades include new roofs, siding, windows, porches, and updated mechanicals. Amenities include a full basement with tenant storage and on-site laundry. Ideal for investors seeking a low-maintenance, stabilized asset with strong income potential and long-term upside.
| LAST UPDATED | 4/7/2025 | TRACT | Lower First Ward |
|---|---|---|---|
| YEAR BUILT | 1900 | COUNTY | Racine |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Julian Thomas |
|---|---|
| Jr. High School | Jerstad-Agerholm |
| ADDITIONAL DETAILS | |
| BASEMENT | Block, Exterior Entry, Full, Walk-Out Access, Yes |
|---|---|
| CONSTRUCTION | Aluminum Siding, Brick |
| LOT | 5227 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| SUBDIVISION | Lower First Ward |
| WATER | Public |
| ZONING | R-3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Coldwell Banker Realty
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