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Listed by Melissa L Lenz Shorewest Realtors, Inc.
$ 190,000
Est. payment /mo
Active
1718 Erie St Racine, WI 53402
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1955502
Annual Tax Amount $3,651
Tax Year 2025
Acres 0.13
Property Sub-Type Two Family
Property Description
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!
Location
State WI
County Racine
Zoning Res
Direction From Douglas Ave, go east on High Street six blocks to Erie St. Turn left. Property on your left.
Rooms
Basement Full, Block
Interior
Inclusions None
Exterior
Parking Features Parking Space, Driveway Entrance
Garage Description None
Exclusions Tenant's appliances, tenant's personal property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding
Schools
School District Racine Unified
Others
Tax ID 04056000
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