Map
Listed price in listed location currency (USD).
$214,900

000

MLS® 1986811

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 1504 sqft
Garage 
Taxes $3,809
Days Active 13
Lot Size 0.09 Acres
Approx. Age 1917
Avg. Price Per Sqft $142
MLS® Number 1986811

Property Address: 1518 Lombard Ave, RACINE, WI, 53402

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

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).
MLS® Number1986811
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1917
BasementFull
DrivewayPaved Driveway
Garage Spaces
Heat
A/C

Extras

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