Bought with Shorewest Realtors, Inc.
$550,000
$539,900
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1108 Wisconsin Ave Racine, WI 53403
4,791 Sqft Lot
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1889768
Sold Date 10/15/24
Year Built 1928
Annual Tax Amount $10,555
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Beautiful older eight unit apartment building just south of downtown Racine near Gateway. Most units have natural woodwork and hardwood floors. All units have stoves and refrigerators. Owner pays heat with a new boiler installed in fall of 2023. Tenants pay electric for their units and cooking gas.Good Cap Rate.
Location
State WI
County Racine
Zoning R-4
Rooms
Basement Block, Crawl Space, Laundry Facilities, Partial
Interior
Heating Hot Water/Steam, Natural Gas
Cooling Hot Water/Steam, Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Parking Features Near Public Transit, None
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
Others
Special Listing Condition 1031 Exchange
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