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Listed by Jennifer Kortendick • Doering & Co Real Estate, LLC - Racine
$ 187,500
Est. payment /mo
New
1644 Packard AVENUE Racine, WI 53403
4,356 Sqft Lot
UPDATED:
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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