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1518 Lombard Avenue, Racine, WI 53402

$214,900
1,504
SqFt
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Listing courtesy of Durante & Rich Real Estate.

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List Price
$214,900
MLS#
1986811
Status
ACTIVE
Year Built
1917
County
Racine
Municipality
Racine
TotalSqFt
1,504
Acres
0.09
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(715) 424-0000

Property Description

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).

(715) 424-0000
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Additional Information

TotalTaxes
$3,808
Utilities
2 Electric Meters, 2 Gas Meters
Sqft Range
Not Available
Basement
Full
Exterior
Vinyl
Heating / Cooling
2 Electric Meters, 2 Gas Meters
Garage Description
None
School District
Racine
Courtesy Of
Durante & Rich Real Estate
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