Very nice remodeled duplex in a quiet residential neighborhood. Ready to move into or rent out as soon as you purchase. New tear off roof on the house and 3 car garage. New vinyl siding, aluminum wrapping (soffit, fascia, windows) & gutters on home. New high end LVP flooring throughout, freshly painted, both furnaces replaced in 2020, new overhead garage doors and openers 2024.*Multiple Offers Received*
This historic duplex, built in 1870 and located in the heart of Racine, WI, offers a unique investment opportunity. With approximately 1200 sq ft, the property includes two units, each with 2 bedrooms and 1 bathroom. While it is going to need extensive renovations, it boasts significant potential. Perfect for rental income or owner-occupancy, you can live in one unit and rent the other. Situated near local amenities and Lake Michigan, this property is ideal for those looking to restore a piece of Racine's history. Part of Fannie Mae's First Look Program through 09/13/2024
Here is your chance to own your very own spacious 2/2 duplex. Needs some TLC but you can owner occupy or add to your portfolio, Hardwood floors, unpainted wood trim throughout the property. Bonus sunroom, off street parking, Boiler 3+ years old, roof 2+ years old, within walking distance to Downtown Racine/Lake Michigan. Covered front porch, the possibilities are endless.
This 2/2 duplex is the perfect home or investment property. Located in Racine this home features LVP Vinyl flooring, fresh paint, new windows, and lots of space. This home is near Racine North Beach on Lake Michigan, Quarry Lake Park, and many shops and businesses. Currently vacant in the upper, the lower unit brings in a total of $850 per month in rent leaving room to move in or place a tenant for passive income. Schedule a showing today!
The median home value in Racine, WI is $98,000. This is lower than the county median home value of $227,700. The national median home value is $219,700. The average price of homes sold in Racine, WI is $98,000. Approximately 47.62% of Racine homes are owned, compared to 41.19% rented, while 11.19% are vacant. Racine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Racine real estate agent to arrange a tour today!
Racine, Wisconsin 53402 has a population of 77,740. Racine 53402 is less family-centric than the surrounding county with 28.65% of the households containing married families with children. The county average for households married with children is 29.26%.
The median household income in Racine, Wisconsin 53402 is $42,590. The median household income for the surrounding county is $58,334 compared to the national median of $57,652. The median age of people living in Racine 53402 is 33.9 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 35.3 inches per year, with 42.4 inches of snow per year.