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.
Classic Racine duplex walking distance to the Lakefront and multiple other attractions. Both units feature 2 bdrms and 1 bathrm. Multiple updates throughout the years including cosmetics, mechanicals and Roof. Solid tenants in place make this a great acquisition. Book your showing today.
Steeped in history and architectural significance, this 1915 Southside Historic District duplex offers rare versatility on one of Racine's most admired avenues. Built for manufacturer Frederick H. Foster, the property spans 3,684 sq ft above grade plus a finished walk-up attic and showcases beautiful original craftsmanship throughout. The lower residence offers 3 bedrooms and 1 full bath, while the extensively updated upper residence features 4 bedrooms and 2 full baths, including the finished attic level. Ideal for owner-occupancy, multigenerational living, or future income potential. Complete with a 2-car garage, fenced yard, and just blocks from Lake Michigan, this historic gem offers exceptional character, flexibility, and opportunity. Also listed as single family MLS #1964804.
Exceptional investment opportunity in the heart of Downtown Racine! This fully occupied mixed-use property features 12 residential units and 2 commercial storefronts, offering strong and consistent cash flow with upside potential. Many of the apartment units have been updated, blending modern improvements with classic character and appeal. **Comes with parking lot in back!Recent improvements include a new roof, 2 boilers and hot water heaters, helping lower future maintenance costs. The property also features a newly updated on-site laundry facility with a 24-hour live security feed for added tenant safety and convenience.Located in a prime downtown location near shopping, dining, entertainment, and Lake Michigan, this well-maintained property is an excellent opportunity for invest
SUPERIOR investment opportunity! The name says at all! Great Northside duplex with 2 bedrooms in each unit. Huge kitchen and liv/din combo in Lower. Separate util, except for water and sewer. Central AC for each unit! Tenant occupied, so start collecting rents on day one! Good condition, and solid property. Close to Lake and Zoo, and just a short drive to Downtown. Great as a rental, and also works well for owner-occupants. CALL TODAY!
Don't miss this excellent opportunity to own a well maintained duplex in the heart of Racine. Ideal for investors or owner occupants seeking rental income potential. The lower unit features 3 bedrooms and 1 full bathroom, while the upper unit offers 2 bedrooms and 1 bathroom. The upper unit has been freshly painted and updated with durable LVP flooring, a spacious kitchen, and abundant natural light. BRAND NEW roof, soffit, fascia, gutters, and porch stairs that adds great curb appeal.Located near shopping, dining, and public transportation, this property benefits from strong and consistent tenant demand. Unit 1 is currently rented for $1200 and Unit 2 was previously rented for $1000.
Here's your chance to invest in Racine with a solid property. 3/1 in both units. Spacious units that have access to off street parking in the alley. Great front porch for the lower tenant. Ample backyard for the units to share. Don't miss this opportunity at this price!
Great investment opportunity in Racine! This spacious 2-unit family home offers strong income potential with 2 units (occupied), each featuring 2 beds and 1 bath. Conveniently located near schools, parks, shopping, and local amenities. Property features ample living space, off-street parking, and a detached garage. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers plenty of potential. Schedule your showing today! Photos were edited to reflect the original home.
Great investment opportunity! This duplex is looking for its next owner and features two 2 bedroom, 1 bath units with great income potential. Perfect investors looking to expand their portfolio! Updated home in 2024 newer floors, fresh paint, updated cabinets. Hot water heater and furnace were installed 2021. Low maintenance Schedule a showing today.
Great investment opportunity! This duplex is looking for its next owner and features two spacious 2 bedroom, 1 bath units with great income potential. Perfect for owner-occupants or investors looking to expand their portfolio!
Strong cash-flow opportunity in the heart of Racine! This low-maintenance duplex is the turnkey investment property investors are looking for. The lower unit features 3 bedrooms and includes newer furnace and A/C, while the upper unit offers 2 bedrooms with solid rental appeal. Tenants pay all utilities, helping maximize your returns. Major updates including newer siding and roof mean the heavy lifting has already been done. Washer and dryer hookups in the upper unit and basement. Whether you're adding to your portfolio or looking for a hassle-free income producer, this property checks the boxes with strong rental potential and reduced maintenance concerns. Just collect the rents and let your investment work for you!
Unique two family. Rare 2 bedroom lower with 4 bedroom upper, extra rent or storage/office. Good news . New roof , siding ,windows and updated electric . Kitchens and baths are newly remodeled .Nice backyard with 2 car garage with alley entrance,extra parking.Full basement with Separate furnaces, hot water heaters and electric meters. Two bedrooms on all 3 levels of home . Immediate occupancy on both units. Entire house has been refreshed with new paint and flooring throughout. Could also be a six bedroom single family for a large family. Roomy covered front porch for those summer evenings chatting with the neighbors. Perfect for owner occupant with 4 bedrooms in upper for great rental possibilities .Opportunity knocks ! See you soon.
Investment opportunity! This unique property features two residences on one lot; a 5 unit apartment building plus a separate single family home with full basement. Each apartment unit offers 2 bedrooms, 1 bathroom, and a private balcony. Four of the five units have been updated with durable LVP flooring and modern gray and white paint, giving the units a fresh, updated feel. This well maintained property also includes a 1 car attached garage on site. Excellent opportunity for investors looking to expand their portfolio with a versatile multi building property offering strong rental income! The property is currently generating $4,925 in rental income with $5,875 total rent potential (1 vacant unit).
Well maintained 2 family home offering 2 bedrooms and 1 full bath in each unit! Both units feature beautifully refinished hardwood floors that add warmth and character throughout. The upper unit is currently rented, providing immediate income potential, while the lower unit is vacant and ready for an owner-occupant or additional rental income. Spacious layouts, classic charm, and flexible living options make this property a great opportunity for investors or owner-occupants alike. Live in one unit and let the rental income help offset your mortgage, or add this solid property to your investment portfolio!
Spacious 3/2 duplex in Racine offering over 2,000 sq ft and full occupancy. The lower unit rents for $1,000 per month and the upper rents for $650 per month. Property features a large front porch, generous windows, and shared driveway and parking spaces with the neighboring property, which is also available for sale. Conveniently located near Racine North Beach and Lake Michigan, this property offers easy access to lakefront parks, downtown Racine shopping and dining, local coffee shops, entertainment, and community events. Nearby attractions include the Racine Public Library, Racine Zoo, Horlick Field, and William Horlick High School, along with quick access to schools, public transportation, and major commuting routes throughout Racine County.
reat West Racine triplex featuring one large 2-bedroom unit and two 1-bedroom units with approximately $3,200 in monthly rents. Units include kitchen cabinets, countertops, shower surrounds, vinyl thermal-pane windows, and vinyl plank flooring. Separate utilities and furnaces offer efficient management. The property has strong cash flow with room for continued modernization and long-term value growth. Centrally located near schools, shopping, and transportation. Great addition to any investment portfolio.
This duplex offers 2 units - both having 3 bedrooms and 1 bath. This is a perfect owner occupied or investor seeking property. Both of the the units offer open concept layouts, with great updates throughout. Schedule your showing today, this is one you are not going to want to miss.
Attention investors or owner-occupants, add this one to your portfolio! A 4-family home with all units having 2-bed, 1-bath offers excellent potential for both rental income and personal use. Each unit features,separate water heaters, electrical meters, and furnaces, maximizing convenience for tenants or owners. Seller installed 4 new furnaces with ductwork. Don't miss out on this fantastic investment property! All 4 units are rented! With 2 units having long-term tenants.
Move in Ready 2 family! Spacious two-family home ideal for an owner-occupant or investor. Both units are vacant and move-in ready, each offering 2 bedrooms, a formal dining room, and a comfortable living room. The lower unit features beautiful natural woodwork, adding charm and character. Additional highlights include a fenced yard, 2-car garage, and separate electric and gas utilities for each unit.Great opportunity to generate rental income--live in one unit while the other helps pay your mortgage, or add it to your portfolio for immediate cash-flow potential. Buyer to verify room sizes and square footage.
Don't miss this classic Southside duplex--an ideal investment or owner-occupant opportunity! The maintenance-free exterior offers easy upkeep and lasting curb appeal. The spacious first-floor unit features beautiful natural woodwork, a cozy carpeted living room with coved ceiling, formal dining room with ceiling fan, and a functional kitchen with warm wood cabinetry. Two bedrooms boast hardwood floors, complemented by plaster walls. The bath includes a built-in tub with shower. Upstairs, the second unit offers a bright living room with coved ceiling, dining room, kitchen, and a comfortable bedroom with balcony access. The full basement provides separate utilities with gas furnaces, water heaters, and electric, plus a detached 2-car garage. Both units leased.
Excellent investment opportunity. 4 units all 1 bedroom 1 bath with eat in kitchen and living room. Brand new concrete and porches just completed. Upper unit #4 currently vacant and in ready to move in condition. Very very long term tenants currently with under market rental rates. Unit #1 lease up June 30th all others are month to month. 2 car detached garage, nice sized back yard. Plenty of off street parking. Property is being sold as is.
Charming two-family home offering space, flexibility, and strong investment potential. Each well-sized unit features 3 bedrooms, 1 full bath, and approximately 1,250 sq. ft. of living space, along with separate gas and electric utilities and private entrances for added convenience and independence. Off-street parking is available, enhancing everyday practicality for residents.Ideally located near downtown Racine and close to public transportation, this property provides easy access to shopping, dining, and local amenities--making it highly appealing for both tenants and owner-occupants. Whether you're expanding your portfolio or seeking the opportunity to live in one unit while generating rental income from the other, this is a versatile and valuable addition to consider.
Charming and Income-Generating Duplex Offering Flexibility and Value! The Lower Level includes a 1-Bedroom Unit, Updated Bathroom in Lower Unit plus New Porch, New Flooring, New Furnace, New Windows and Kitchen. while the Upper Level Boasts a Larger 2-Bedroom Layout. offers 2 Bedrooms, Updated Bathroom, and Two extra Rooms for Office or Family Room. With Positive Cash Flow already in place, This Property is Perfect for Investors or Buyers Looking to Live in One Unit and Rent the Other.Rent in Lower Unit on a One Year Lease at $930 a Month. Upper Unit on month to month lease at $1250 2 Car Detached Garage. Full Basement with Laundry.Newer Roof. Newer Windows.***Seller to Paint Exterior of Home with Acceptable Offer before Closing.*** Property to be sold as is''
Well-maintained 5 unit investment property offering strong income potential and classic charm. Each unit features 1 bedroom, 1 bathroom, and beautiful hardwood floors throughout. Several units include updated bathrooms and refreshed kitchen flooring. Ground floor Unit 1 offers an attached sun porch, a rare extra for tenants. Full basement includes coin-operated washer and dryer for added income, plus five private storage lockers - one per unit. Solid 1927 construction with key updates makes this a reliable addition to any portfolio. Fully rented with consistent demand in a convenient location.
SMART INVESTMENT OPPORTUNITY! Own this spacious 2/1, 3/1 brick duplex in the heart of Racine! This well-sized property offers generous living space in both units, making it ideal for owner-occupants and investors alike. Each unit features large living areas, comfortable bedrooms, and functional layouts that provide plenty of room to spread out. Enjoy separate entrances and ample natural light thru-out, creating a welcoming feel in each unit. The property also offers a rear yard, perfect for outdoor enjoyment, entertaining, or added tenant appeal. Off-street parking adds convenience for residents. Whether you're looking to generate rental income or live in one unit while renting out the other, this is a fantastic opportunity you won't want to miss!
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Racine is located in Wisconsin. Racine, Wisconsin has a population of 77,705. Racine is less family-centric than the surrounding county with 24.11% 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 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 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.