Here's your opportunity to own one of the few licensed Rooming Houses/SROs in Racine! There are 9 individually leased furnished rooms upstairs and a recently remodeled 2 bedroom apartment below. The rooming house has a kitchen and bathroom shared by tenants and private bedrooms for each. The rooming house has a newly built interior staircase. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $900/mo lease for lower, this property is a cash cow! There is also 2 car garage that can be rented out for additional income along with a spacious basement that could be used for storage.
Property Type :
Multi Family
County :
Racine
Style :
Multi Family
MLS :
1841676
LISTED BY :
Kelsey Krimmer , The Curated Key Collective
SOURCE :
Wisconsin - Metro MLS
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ByOwner last updated this listing 04/28/2024 @ 11:58
MLS: 1841676
LISTED BY: Kelsey Krimmer , The Curated Key Collective
SOURCE: Wisconsin - Metro MLS
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
