512 16th St, Racine, WI 53403
512 16th St, Racine, WI 53403
512 16th St, Racine, WI 53403
512 16th St, Racine, WI 53403
512 16th St, Racine, WI 53403
512 16th St, Racine, WI 53403
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Listed by Lance Wooten Team* Riverwest Realty Milwaukee
$ 499,900
Est. payment | /mo

Save
$ 499,900
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1981365

Year Built 1920

Acres 0.2

Property Sub-Type Multi-Family

Property Description

Here we have a rare 5 unit building cash flowing at almost $5000 per month. 4 blocks from the beautiful Racine Beach. All feature 2-3 bedrooms with 1 bathroom. Units were all updated 4-5 years ago. Roof was installed in April of 2025. Dry basement and untapped income potential of 4 car garage that is not being utilized currently. Fully rented and turn key do not miss out on your chance to own this quality investment.

Location

State WI

County Racine

Zoning B1

Direction Hwy 32 to 16th. 16th east to the property.

Rooms

Basement Block, Full

Interior

Inclusions 5 Refrigerators, 5 Stoves

Exterior

Parking Features Indoor Space

Exclusions Tenant's personal property

Building

Sewer Municipal Sewer

Water Municipal Water

Structure Type Wood,Brick

Schools

School District Racine Unified

Others

Tax ID 01235000

Metro MLS IDX  (Broker Only)

Nearby Locations

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512 16th St