$325,000

1137 Valley DRIVE, Racine, WI 53403

2,496 sqft

Multi-Family Home
Built in 1929
3,485sqft lot
—— car garage
$130/sqft
Listed 8 days ago

Property Description

Fully occupied and cash-flowing 4-family in the heart of Racine! This well-maintained property brings in $3,390/month in rental income across four 1 bed/1 bath units -- all of which have been renovated within the past few years. Updates include new windows, LVT flooring, fixtures, kitchen cabinets, countertops, faucets, and appliances. In 2020, the basement underwent extensive maintenance, including new block windows, tuckpointing, and full foundation waterproofing. Additional income from a Speed Queen coin-op washer and dryer & storage units. Exterior improvements completed in 2022 include tuckpointing, chimney repair with new cap, and new attic insulation. Outside, enjoy a fenced backyard with balconies or patios for each unit. A great investment opportunity!

Listing Status:: Active
Listing Office:: Keller Williams-MNS Wauwatosa : 4144886334
Listing Agent:: MTM Collective Group* : 4148702656
MLS ID:: 804275608474

Appliances: Seller Owned: DryerSeller Owned: WasherSeller Owned: Water Heater
Basement: BlockFullLaundry Facilities

General: Brick/StoneBrick
Parking: Inside ParkingOutside

General: Apartment Building

Originating MLS: WIREX_METRO
School District: Racine
County: RACINE

Zoning: R309809002

Sewer: Municipal SewerMunicipal Water

Source: WIREX_METRO
Exclusions: Seller/tenant personal property.

This listing courtesy of MTM Collective Group*, Keller Williams-MNS Wauwatosa

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Jefferson Lighthouse Elementary School

1722 W 6th St, Racine, WI, 53404

Grades KG-5

0.53 miles away

Walden III High School

2340 Mohr Ave, Racine, WI, 53405

Grades 6-12

0.68 miles away

Park High School

1901 12th St, Racine, WI, 53403

Grades 9-12

0.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.