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Listing Courtesy Of:

Listing Office: Shorewest Realtors, Inc.

1718 Erie St Racine, WI 53402

$190,000
Active / MLS# 1955502 / Multi Unit - Multiple / Racine
4 Beds
2 Baths

Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!

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Estimated Payment

$ 781.89 per month $422.22 Principal & Interest $304.25 Property Tax $55.42 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Block, Full
Home Style: Duplex/2 Story
Lot Size: 0.13 Acres
Taxes: $3,651
Year Built: 1884

Units

Unit Type 1:
Bedrooms: 2
Full Bathroom(s): 1
Square Footage: 2255
Total Rooms: 5
Unit Type 2:
Bedrooms: 2
Full Bathroom(s): 1
Square Footage: 1040
Total Rooms: 4

Feature Descriptions

Data Source: Metro MLS
Exterior: Aluminum Siding
Flood Plain: No
Garage/Parking: Driveway Entrance, Parking Space
Unit 1 Appliances: None
Unit 1 Bath: Shower Over Tub
Unit 1 Heating: Natural Gas
Unit 1 Miscellaneous: Cable TV Available, Circuit Breakers, Smoke Detector
Unit 1 SQFT: 2255.00
Unit 2 Appliances: None
Unit 2 Bath: Shower Over Tub
Unit 2 Heating: Natural Gas
Unit 2 Miscellaneous: Cable TV Available, Circuit Breakers, Smoke Detector
Unit 2 SQFT: 1040.00
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: Res

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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