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.
Features
18 bedrooms
4 bathrooms
crop_free0.2 ac. lot size
cottageMulti-Family
Property history for 512 16th St
2020
Sold
$299,900
16 Oct 2020 by Jerry Gulley, of Image Real Estate, Inc.
2020
Sold
$250,000
24 Jan 2020 by Alanna Spanjers, of Image Real Estate, Inc.
2017
Sold
$299,900
21 Aug 2017 by MARTIN DEFATTE, of Shorewest Realtors, Inc.
Happy sellers in Racine
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Local market activity for 18 bedroom multi families in Racine
Sold
For Sale
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