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Listing Courtesy Of:

Listing Office: Durante & Rich Real Estate

1518 Lombard Ave Racine, WI 53402

$214,900
Active / MLS# 1986811 / Multi Unit - Multiple / Racine
3 Beds
2 Baths

Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).

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Estimated Payment

$ 932.98 per month $552.96 Principal & Interest $317.33 Property Tax $62.68 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Full
Home Style: Duplex/2 Story
Lot Size: 0.09 Acres
Taxes: $3,808
Year Built: 1917

Units

Unit Type 1:
Bedrooms: 2
Full Bathroom(s): 1
Square Footage: 1504
Total Rooms: 4
Unit Type 2:
Bedrooms: 1
Full Bathroom(s): 1
Total Rooms: 4

Feature Descriptions

Data Source: Metro MLS
Exterior: Vinyl
Flood Plain: No
Garage/Parking: Paved Driveway
Unit 1 Appliances: Dryer, Oven, Refrigerator, Washer
Unit 1 Bath: Shower Over Tub
Unit 1 Heating: Natural Gas
Unit 1 Miscellaneous: None/Other
Unit 1 SQFT: 1504.00
Unit 2 Appliances: Dryer, Oven, Refrigerator, Washer
Unit 2 Bath: Shower Over Tub
Unit 2 Heating: Natural Gas
Unit 2 Miscellaneous: None/Other
Water/Sewer: Municipal Water
Zoning: R3

Schools

School District: Racine Unified

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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