GREAT INCOME PRODUCER! This well-maintained 4-family property includes a mix of units: one spacious 2-bedroom, one 1-bedroom, one large efficiency, and one smaller efficiency--ideal for maximizing rental income. Recent updates throughout include modern flooring, refreshed kitchens and bathrooms, and updated fixtures, offering turnkey appeal for both tenants and investors. Located within walking distance to Lake Michigan, the Root River, vibrant Downtown Racine, and public transportation, this property combines convenience, steady cash flow, and long-term value. A smart addition to any portfolio!
Rare opportunity in Racine. 2 properties for sale right next door to each other! 1423 Erie St (SFH. MLS -1941929) & 1427 Erie St (Duplex) Bought together or sold separately. 4 min from downtown, 9 min from hospital, & short walk from North Beach. Tenant occupied w long term tenants. Left side of duplex (U1) is a 2 story style. Both walkthrough beds located on upper level. Main floor consists of living, dining, kitchen, & bath. Right side of duplex (U2) is a ranch style. Main floor has living, bedroom, kitchen, & bath. Lower level laundry access for both units. Both furnaces '22. Both power vented water heaters '22. Split utilities. Tenants pay gas/electric. Owner pays water/sewer. Leases on MTM term: U1 - $850/mo. U2 - $700/mo. More info in docs!
Beautifully maintained two-family home showcasing stunning original woodwork and timeless character throughout. Each unit offers generous living spaces filled with warmth and charm, complemented by high ceilings and natural wood trim. Recent updates include modernized electrical systems, providing peace of mind for owners and investors alike. Whether you're seeking a spacious owner-occupied residence or a solid income-producing property, this home offers flexibility and appeal. Enjoy the blend of vintage details and modern updates in a desirable neighborhood. A rare opportunity to own a classic beauty with practical upgrades!Also listed as MLS - 1925328 as a commercial listing
Prime investment or multi-generational living! This brick duplex with a full mother-in-law suite sits across from the Racine Zoo and just steps from Zoo Beach. Currently a successful short-term rental with strong income history, the property is move-in ready and offers flexible use. Enjoy a private backyard retreat with multi-level decks, patios, and storage sheds. Furnishings available--start living or earning on day one!
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Racine is located in Wisconsin. Racine, Wisconsin 53402has a population of 77,705. Racine 53402 is less family-centric than the surrounding county with 24.76% of the households containing married families with children. The county average for households married with children is 26.91%.
The median household income in Racine, Wisconsin 53402 is $48,238. The median household income for the surrounding county is $67,224 compared to the national median of $69,021. The median age of people living in Racine 53402 is 34.7 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 35.1 inches per year, with 40.1 inches of snow per year.