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Listed by Riley Real Estate Group LLC
$ 429,900
Est. payment /mo
New
1001 Prospect STREET Racine, WI 53404
8 Beds
4 Baths
4,032 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $106
Municipality RACINE
MLS Listing ID 1982890
Style Other
Bedrooms 8
Full Baths 4
Year Built 1890
Annual Tax Amount $5,806
Tax Year 2025
Lot Size 5,662 Sqft
Property Sub-Type Other
Property Description
Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.
Location
State WI
County Racine
Zoning RES
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment Seller Owned: Water Heater
Appliance Seller Owned: Water Heater
Building
Story 1 - 2
Sewer Municipal Sewer, Municipal Water
Architectural Style Other
Structure Type Vinyl
New Construction N
Schools
School District Racine
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