309 S 3Rd St, Racine, OH

Name: 309 S 3Rd St, For Sale in Racine - Zoocasa
Brand: Cleland Realty inc.
SKU: 2435644
Price: 189000 USD

House

For Sale

Listed price in listed location currency (USD).

$189,000

640

MLS® 2435644

Overview

Key Facts

Type

Levels Commercial Sale

Size 1412 sqft

Garage

Taxes $993

Days Active 1

Lot Size 0.25 Acres

Approx. Age 1930

Avg. Price Per Sqft $133

MLS® Number 2435644

Property Address: 309 S Third St, Racine, OH, 45771

Average square foot calculated using Size range provided by listing agent.

Description

309 S Third St. INCOME-PRODUCING INVESTMENT OPPORTUNITY IN RACINE, OHIO Looking to expand your real estate investment portfolio? Take a look at this four-unit apartment building located at 309 S. Third Street in Racine, Ohio! This established rental property offers four individual apartments, providing multiple streams of rental income under one roof.The property features two 2-bedroom apartments, one 1-bedroom apartment, and one studio apartment, each with its own bathroom. Currently generating $2, 425 in gross monthly rental income, or $29, 100 annually, this property offers an opportunity for investors seeking an established rental investment. The building offers functional living spaces, updated electrical boxes, and opportunities for cosmetic improvements. Tenants pay their own electricity and heating expenses, while the owner covers water, sewer, and trash services. Whether you're looking to begin your investment journey or add another income-producing property to your portfolio, this four-unit rental property is worth a look!

MLS® Number2435644

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1930

Basement

Driveway

Garage Spaces

HeatOther, Wall Heater

A/CWindow Unit(s)

Extras

Map

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