$750,000

1131 Erie STREET, Racine, WI 53402

  • 4,148 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Exceptional opportunity to acquire a fully renovated, cash-flowing 7-unit multi-family in vibrant Downtown Racine. This turnkey property spans two buildings on one parcel and includes four 2-bed/1-bath and three 1-bed/1-bath units. Each unit has been gut-renovated with LVP flooring, LG stainless steel appliances, modern lighting, and stylish finishes. Major upgrades include new roofs, siding, windows, porches, and updated mechanicals. Amenities include a full basement with tenant storage and on-site laundry. Ideal for investors seeking a low-maintenance, stabilized asset with strong income potential and long-term upside.

Listing Status:
Pending
Listing Office:
Coldwell Banker Realty : 4142779500
Listing Agent:
Paul Proano : 3128604043
MLS ID:
803750369886

This listing courtesy of Paul Proano, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Julian Thomas Elementary School

930 Dr Martin Luther King Dr, Racine, WI, 53404

Grades KG-5

0.49 miles away

J

Jerstad-Agerholm School

3535 Lasalle St, Racine, WI, 53402

Grades KG-8

1.97 miles away

R

Racine Alternative Learning

2333 Northwestern Ave, Racine, WI, 53404

Grades KG-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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