Shelly Jordan - Coldwell Banker Home Sale Realty
1245 Douglas Ave
Racine, WI 53402

$149,900

Description

GREAT INCOME POTENTIAL & Grant Money Available!!! This mixed use building consists of 5 apartments and a large warehouse. The entire building is occupied, warehouse will be vacant upon purchase because it's currently rented by the owners company for below market rent. Parking lot & space for fenced off storage in back.Warehouse is approximately 5,000 square feet per owner, it has an office, full bathroom & kitchenette. The entire unit is heated & has a security system. Currently being used by a construction company for storage.The apartments consist of 2 efficiencies, 1 - 3 bedroom, 1-2 bedroom & 1-1 bedroom. Some apartments pay their own utilities others are paid by owner. Utilities are reflected on operating income stmt. Ask agent for info on grants that may be available.

Details

MLS#1618016
Sub-TypeResale
StatusActive
Year1884
Days On Site21

Features

SQ Feet8,581
Story(s)2
ZoningB2

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Area Information

StateWI
CountyRacine
CityRacine
Zip Code53402
AreaRacine
Listing VS Median (in 53402)
Price:
$149,900
low | high
Med:
$144,900
53.335557038025% of Average
SqFt:
8,581
low | high
Med:
1,036
100% of Average
$ / SqFt:
$17
low | high
Med:
$140
100% of Average
On Site:
21
low | high
Med:
16
100% of Average
Listing Updated: 01/22/2019
MLS Number: 1618016
Listing Provided By:
Jennifer L. Hoaglund  of  RE MAX Newport Elite

Information is supplied by seller and other third parties and has not been verified.
-IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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