1217 Erie St Active Save Request In-Person Tour Request Virtual Tour
Racine,WI 53402
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,070 sqft
Price per Sqft $103
MLS Listing ID 1932279
Bedrooms 6
Full Baths 2
Year Built 1893
Annual Tax Amount $3,264
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
Investment opportunity! This two-family home is ideally situated just minutes from downtown Racine and a short walk to the beautiful shores of Lake Michigan. Currently generating $2,300 per month in rental income, this property is perfect for investors seeking strong cash flow or homeowners looking to offset their mortgage with rental income. Each unit offers spacious living areas, with separate entrances and tenant paid utilities. A new roof installed in 2024, with a 15 year warranty, provides peace of mind. Tenants enjoy close proximity to local shops, restaurants, and public transportation, making this a desirable rental location.
Location
State WI
County Racine
Zoning R3
Interior
Heating Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding
Parking Features Driveway Entrance
Garage Spaces 2.0
Building
Dwelling Type Duplex/2 Story
Water Municipal Sewer,Municipal Water
Schools
School District Racine Unified