Multi Family homes for sale & real estate in 53403, WI

Multi Family Home for sale in 53403, WI:

Fully occupied and cash-flowing 4-family in the heart of Racine! This well-maintained property brings in $3,390/month in rental income across four 1 bed/1 bath units -- all of which have been renovated within the past few years. Updates include new windows, LVT flooring, fixtures, kitchen cabinets, countertops, faucets, and appliances. In 2020, the basement underwent extensive maintenance, including new block windows, tuckpointing, and full foundation waterproofing. Additional income from a Speed Queen coin-op washer and dryer & storage units. Exterior improvements completed in 2022 include tuckpointing, chimney repair with new cap, and new attic insulation. Outside, enjoy a fenced ba

Multi Family Home for sale in 53403, WI:

CLASSIC RED BRICK, EIGHT UNIT APARTMENT BUILDING in RACINE. Currently leased, each 1 bed/full bath unit has an oven & refrigerator along with a private storagespace in the basement. A common coin operated washer & dryer is provided in the basement as well. Tenants are responsible to pay for electric & cooking gas while the owner pays for boiler heat, water, sewer & trash. Each unit is metered for gas & electric service. Per seller: NEW Boiler in 2022; NEW water heater in 2017. Street parking only, there is a public transit bus stop outside of building. Easy access to parks & one block from Lake Michigan.

Multi Family Home for sale in 53403, WI:

Investor opportunity in Racine! This property features two separate houses on one lot. A front duplex and a rear single family home, totaling three units. The front duplex has had renovations completed and is in rent ready condition, while the rear home needs significant work, offering a great value add opportunity for the right buyer. Each unit has separate entrances and utilities, providing flexibility for rental income or redevelopment. Conveniently located near downtown Racine, schools, and public transportation, this property offers strong investment potential and long term upside.

Multi Family Home for sale in 53403, WI:

Just a short walk from Lake Michigan, Simonson Park, and Samuel Myers Park, this 2/1 duplex is full of potential! The first unit offers 2 bedrooms, and the second unit features 1 bedroom, with a full bathroom in each. Enjoy off-street parking with a 2-car slab in the rear. While the property needs some love, its prime location and flexible layout make it an excellent investment opportunity for those with vision. Bring your ideas and transform this property into something special near the lake!