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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.
| LAST UPDATED | 6/4/2026 | YEAR BUILT | 1880 |
|---|---|---|---|
| COUNTY | Racine | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Johnson |
|---|---|
| High School | Case |
| ADDITIONAL DETAILS | |
| BASEMENT | Full, Yes |
|---|---|
| CONSTRUCTION | Vinyl Siding |
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 0.07 |
| PARKING | None |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | R4 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Hyperion Realty
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