For over 120 years, this iconic corner building has commanded State Street in its signature patina copper facade. The Lincoln Block delivers serious income potential wrapped in irreplaceable historic character -- 5 first-floor office/retail storefronts ( 2,000 SF each) and 9 second-floor apartments across 3 separate parcels sold as one including a 4th parcel that is a vacant lot!24+ paved parking spaces, additional vacant parcel to the north included for future development. Steps from Racine's revitalized downtown, Root River Harbor, and Lake Michigan. Racine's revival is underway! Don't miss this rare opportunity!
This turnkey 4-family has been methodically upgraded from top to bottom: new windows throughout, refreshed kitchens and bathrooms, updated flooring, freshly painted exterior and porch, tuckpointed chimney, sealed foundation, repaired plumbing, and new gutters. Four income streams under one roof, a 2-bedroom, 1-bedroom, large efficiency, and small efficiency all designed to maximize occupancy and minimize vacancy. Perfectly positioned steps from Lake Michigan, the Root River, vibrant Downtown Racine, and public transit. Tenants have every reason to stay. Investors have every reason to buy. This is the rare asset where pride of ownership meets cash flow and the heavy lifting is already behind you. Add it to your portfolio before someone else does.
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! Seller will consider owner financing with appropriate down payment and financials. Also listed as MLS - 1925328 as a commercial listing
Welcome to 2415 Prospect Street -- a beautifully updated duplex offering the perfect blend of comfort, location, and investment potential. This spacious two-family property features updated kitchens, bathrooms, flooring, windows, furnace, and roof.Enjoy a private driveway, detached 2-car garage, and a large backyard overlooking the beauty of Lincoln Park and the Root River area.Whether you're an investor looking to add a solid rental property to your portfolio or a buyer wanting to live in one unit while generating rental income from the other, this property offers incredible flexibility.Located near parks, recreation, shopping, and downtown Racine amenities -- this is a must-see opportunity!
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!
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.
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.
''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.
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!
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
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.
Investors, take note! Whether you're expanding your portfolio or just getting started, this 4-unit property presents an excellent opportunity. Each unit offers 2 bedrooms and 1 bath, providing comfortable and functional living spaces for tenants. Unit 4 has been recently remodeled, featuring an updated kitchen and new flooring. Ideally located near downtown Racine, the property is within close proximity to public parking, transportation, shopping, and dining options--enhancing tenant convenience and desirability. With potential rental income of approximately $3,475 per month, this property is a strong income-producing asset with solid upside. A smart addition to any investment portfolio.
Rare Opportunity to Add a Perfectly Maintained Building to Your Portfolio! Belle Harbor Lofts is a 78 Unit Complex located in the Heart of Downtown Racine and features One, Two, and Three Bedroom Floorplans. These Urban-Chic Loft-Style Apartments feature In-Unit Laundry, Extra Large Closets, Upgraded Appliances, Dishwashers, and Central Air. Common Amenities include a Media Room, Fitness Center, Clubhouse, Picnic Area, and Elevator. Included with the sale are 2 Additional Parcels for Parking totaling 63 Spaces.
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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.