1644 Packard AVENUE new

Racine,WI 53403

$ 187500

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality RACINE

MLS Listing ID 1912086

Year Built 1912

Annual Tax Amount $2,887

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Property Description

This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.

Location

State WI

County Racine

Zoning R3

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Hot Water/Steam

Inclusions 2 Oven/Range 1 Refrigerators, 9 Single Beds with Mattresses

Equipment Seller Owned: Water Heater

Exterior

Exterior Feature Vinyl,Wood

Parking Features Indoor Space

Building

Dwelling Type Rooming House

Sewer Municipal Sewer,Municipal Water

New Construction N

Schools

School District Racine

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