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311 11th St

Racine WI 53403

4200 sq. ft.
0.07 ac.
Multi-Family
Currently for sale - view listing

Overview

Five-unit Racine income property with the heavy lifting already done. Two 2-bedroom units and three 1-bedroom units, each with an eat-in kitchen, range, and refrigerator, The building has a documented long rental history and consistent occupancy. In-place rent is $4,425/mo ($53,100/yr).Recent capital work includes a newer roof (2019) and updated electrical service and wiring (2018), with semi-updated bathrooms and newer windows in select units. Vinyl exterior keeps ongoing maintenance light. Boiler heat, municipal water and sewer, and a full basement with laundry hookups.Located two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront, with Highway 20 running west to I-94 toward the Milwaukee and Chicago markets.

Features

4200 sq. ft. floor area
0.07 ac. lot size
Multi-Family

Property history for 311 11th St

2022
Sold
$350,000
31 May 2022 by Nicole Barkulis, of Land-Quest Realty, LLC
2019
Sold
$335,000
04 Apr 2019 by Richard Burnett, of Better Homes and Gardens Real Estate Power Realty

Happy sellers in Racine

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We have insufficient information to provide an overview of customer satisfaction for Racine. Viewing the agent profiles, reviews and sales for Racine can provide insights for this location.

Local market activity for multi families in Racine

In the last 12 months, 50 multi families similar to 311 11th St, have been sold.

This represents a 29% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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