311 11th St, Racine, WI 53403
311 11th St, Racine, WI 53403
311 11th St, Racine, WI 53403
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Lindsey Vebber

Lindsey Vebber

+1(414) 334-0470
Listed by Garrin S Horwitz Hyperion Realty
$429,900
Est. payment /mo
4,200 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $102

MLS Listing ID 1965738

Year Built 1880

Acres 0.07

Property Sub-Type Multi-Family

Property Description

Five-unit Racine income property with the heavy lifting already done. Two 2-bedroom units and three 1-bedroom units, each with an eat-in kitchen, range, and refrigerator, The building has a documented long rental history and consistent occupancy. In-place rent is $4,425/mo ($53,100/yr). Recent capital work includes a newer roof (2019) and updated electrical service and wiring (2018), with semi-updated bathrooms and newer windows in select units. Vinyl exterior keeps ongoing maintenance light. Boiler heat, municipal water and sewer, and a full basement with laundry hookups. Located two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront, with Highway 20 running west to I-94 toward the Milwaukee and Chicago markets.

Location

State WI

County Racine

Zoning R4

Direction From S Main St, west on 11th St approximately 2 blocks to the property.

Rooms

Basement Full

Interior

Inclusions 5 Refrigerators, 5 Ranges.

Exterior

Parking Features None

Exclusions Tenant's and Seller's personal Property

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Vinyl

Schools

Elementary Schools Johnson

High Schools Case

School District Racine Unified

Others

Tax ID 00640003

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Lindsey Vebber
Lindsey Vebber

Team Lead, Licensed Broker

+1(414) 334-0470

229 E Fairmount Ave, Whitefish Bay, WI, 53217-5843, USA

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