Bought with RE/MAX Newport
$257,000
$269,997
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4,791 Sqft Lot
SOLD DATE : 10/21/2025
Key Details
Sold Price $257,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1934173
Sold Date 10/21/25
Year Built 1875
Annual Tax Amount $3,217
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Investment Opportunity**Check out this well-maintained 3-unit property offering solid income and long-term potential. Conveniently located in Racine, this property features three unique units:2 Bedroom / 1 Bath Unit - Currently rented for $1,535/month on a month-to-month lease.1 Bedroom / 1 Bath Unit - Rented for $650/month, also on a month-to-month lease.Studio Unit - Leased at $785/month with a lease in place until June 2026, providing steady long-term income.That's a total of $2,970/month in rental income right now, with room to grow! Whether you're expanding your portfolio or just getting started in real estate investing, this property delivers a great mix of cash flow and flexibility.Don't miss your chance to break into the investment world!
Location
State WI
County Racine
Zoning R4
Rooms
Basement Full
Interior
Heating Electric, Forced Air, Indiv. Heating Units, Natural Gas
Cooling Electric, Forced Air, Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Vinyl, Wood
Parking Features Extra Space Avail., Indoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
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6614 Meredith Way, McFarland, Wisconsin, 53558, United States