8Units
$9,367Taxes
1971Build
$57,840Scheduled Income
Multi-FamilyProperty Type

Property Highlights

MLS: 1496098

Status: Sold

Parking: Near Public Transit, Outdoor Space

Sched Inc: 57840

Total Operating Exp: 18594

County: Racine

For more information about this listing, contact Keefe at (262) 248-4492.

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Brick 8 family with consistently high occupancy rates. Rents range between $575 for long term tenants and $650 for new leases. This has been a consistently good producing property with minimal problems.

Interior Features

Basement: None

Exterior Features

Exterior: Brick

Outside Parking Occupied: 16

Roofing: Composition

Additional Information

# of Stories: 1-2 Stories

Code Compliant: Yes

Unit type #1: 8

Est Sq Ft #1: 751-1000

Gross Operating Inc.: $57,840

Heating/Cooling: Indiv. Heating Units

Outside Parking: 16

Net Operating Income: $37,439

Owner Pays: Electric/Public, Sewer, Water

School District: $Racine Unified

Security Deposit: $Y

Tenant Pays: Electricity, Heat

Vacancy Allowed: 1807

Water/Waste: Municipal Sewer, Municipal Water

Listing Company: Re/Max Newport Realty

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Information is deemed reliable but is not guaranteed.

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For more information about this listing, contact Keefe at (262) 248-4492.

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Local Info

City Snapshot Racine, WI

Average Days on Market
Multi-Family
71
77.5% since January 2018
Units sold
December 2017
72
+5.88% since November 2018
Median Sale Price
December 2017 - Multi-Family
104K
-6.94% since November 2018
Percentage of Asking Price
December 2017 - Multi-Family
92%
-2.07% since November 2018