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Listed by Natalie Masse Movoto, Inc.
$299,000
Est. payment /mo
2,945 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,945 sqft
Price per Sqft $101
MLS Listing ID 1975799
Year Built 1890
Acres 0.07
Property Sub-Type Multi-Family
Property Description
Excellent investment opportunity! This three-unit property features two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 recently remodeled; Unit 2 vacant and ready to rent or owner-occupy. Current rental income of $2,335/month from two occupied units, with projected rents of $3,570/month ($42,840/year) at full occupancy. Rentometer area market averages total $4,489/month based on bedroom counts. Tenants pay gas and electric. Basement offers coin-operated laundry (2 washers, 2 dryers) and tenant storage. Major updates include all three furnaces (2025-26), three landlord-owned refrigerators (2026), two stoves (2024-26), roof (2019), water heaters (2018-20), and exterior grading (2025). Great opportunity for investors or owner-occupants!
Location
State WI
County Racine
Zoning R3
Direction South Marquette to Albert St east to property
Rooms
Basement Laundry Facilities, Full
Interior
Inclusions 3 ovens and refrigerators . 2 coin operated washers and dryers
Exterior
Parking Features None
Exclusions tenants personal property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding
Schools
School District Racine Unified
Others
Tax ID 02147000
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