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Listed by Martin Defatte • Shorewest Realtors, Inc.
$ 99,900
Est. payment /mo
Pending
1511 Lincoln STREET Racine, WI 53402
2,050 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $48
Municipality RACINE
MLS Listing ID 1919513
Year Built 1890
Annual Tax Amount $2,112
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Attention all investors and home renovators - on the north side of Racine, this two-family home is being offered for the first time since 1989. The property originally functioned as a single-family residence before being converted into two separate units. The upper unit has been completely renovated and is currently rented to a family friend for $600, but it could achieve a rental rate of $1,100. The lower unit is also occupied by a family friend at $700, but it requires a full remodel. Once upgraded, this space should be able to command a rental price of $1,400. The property sits on a spacious lot featuring a driveway and off-street parking. Please note, some trees may need to be removed to enhance the property. This is a great opportunity to invest in a property with potential!
Location
State WI
County Racine
Zoning R3
Rooms
Basement Full, Walk Out/Outer Door
Exterior
Exterior Feature Vinyl
Parking Features None, 2 Car
Garage Spaces 2.0
Utilities Available 2 Electric Meters, 2 Gas Meters
Building
Dwelling Type 2 Story,Duplex
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Racine
Others
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