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United Country Midwest Lifestyle Properties
closings@midwestlifestyleproperties.com +1(608) 399-1013$ 499,900
Est. payment /mo
New
512 16th STREET Racine, WI 53403
18 Beds
4 Baths
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1981365
Bedrooms 18
Full Baths 4
Year Built 1920
Annual Tax Amount $8,204
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
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
Rooms
Basement Block, Full
Interior
Heating Natural Gas
Inclusions 5 Refrigerators, 5 Stoves
Exterior
Exterior Feature Brick/Stone, Brick, Wood
Parking Features Indoor Space
Building
Dwelling Type Apartment Building
Story 3 - 4
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Racine
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Listed by Riverwest Realty Milwaukee
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