18
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$450,000
Est. payment /mo
4,550 SqFt
Price Dropped by $25K
1028 S Memorial DRIVE Racine, WI 53403
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $98
MLS Listing ID 1970894
Year Built 1900
Annual Tax Amount $4,846
Tax Year 2025
Lot Size 0.390 Acres
Acres 0.39
Property Description
Six unit multifamily investment opportunity. Favorable mix of 2 1 bedroom and 4 2 bedroom units with practical floor plans. Income growth through lease-up possible with four recently vacant units that are rent-ready with updated eat-in kitchens, paint and flooring. Two occupied units have long-term clients month-to-month. Plenty of off street parking off the alley in the back and green space for tenants to enjoy.
Location
State WI
County Racine
Zoning R3
Rooms
Basement Block, Partial
Interior
Heating Natural Gas
Cooling Forced Air
Inclusions All units have range/oven and refrigerator.
Equipment Seller Owned: Water Heater
Exterior
Exterior Feature Vinyl
Building
Dwelling Type Apartment Building
Story 3 - 4
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Racine
Others
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Shorewest Realtors, Inc.
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