REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jan

Fri

Jan

Sat

Jan

Listed by Image Real Estate, Inc.

$ 589,000

Est. payment -/mo

Save

Active

939 College Ave Racine, WI 53403

6,534 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1945152

Year Built 1920

Annual Tax Amount $6,844

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Great fully occupied investment opportunity. Beautiful Brick Building with 5 very unique units. Only blocks away from Lake Michigan, Downtown, and Gateway Technical College. This property offers one large 3/4-bedroom unit, and four one-bedroom units, along with a detached garage. All units include stove and refrigerator. Current rents total $4725/mo. Coin operated washer and dryer in basement for tenant convenance. There is also potential for a large storage/rental area in the basement. Owner is also including 2 vacant lots in this sale. Both lots are in Racine. 256 N.Memorial Dr & 1707 Spring Pl. 1707 is .21 acres, backs up to Root River and is suitable for a single or 2 family home. Memorial is .07 and suitable for a single-family home. So much potential here to grow your portfolio!

Location

State WI

County Racine

Zoning R4

Rooms

Basement Full

Interior

Heating Hot Water/Steam, Natural Gas

Cooling Hot Water/Steam, Natural Gas

Flooring No

Exterior

Exterior Feature Brick

Parking Features None

Building

Dwelling Type Apartment Building

Water Municipal Sewer, Municipal Water

Schools

School District Racine Unified

SCHOOLSPROPERTIES

Elementary Schools 20

8

Jefferson Lighthouse Elementary School

Public | KG - 5
6

Fine Arts Elementary School

Public | KG - 5
5

Red Apple Elementary School

Public | PK - 5
4

21st Century Preparatory School

Public | PK - 8
4

Roosevelt Elementary School

Public | PK - 5
3

Fratt Elementary School

Public | PK - 5
3

Wadewitz Elementary School

Public | PK - 5
3

Mitchell Elementary School

Public | PK - 5
3

Janes Elementary School

Public | PK - 5
2

Jones Elementary School

Public | PK - 5
1

Knapp Elementary School

Public | PK - 5
1

Julian Thomas Elementary School

Public | PK - 5
1

Jerstad-Agerholm Elementary School

Public | PK - 5
0

Evergreen Academy

Private | PK - 7
0

Our Lady of Grace Academy

Private | PK - 8
0

St Lucy School

Private | PK - 8
0

John Paul II Academy

Private | PK - 8
0

Hope Christian School - Via

Private | KG - 3
0

Trinity Lutheran School

Private | PK - 8
0

Small World Montessori

Private | PK - KG

Middle Schools 6

2

Jerstad-Agerholm Middle School

Public | 6 - 8
1

Mitchell Middle School

Public | 6 - 8
1

McKinley Middle School

Public | 6 - 8
1

Gilmore Middle School

Public | 6 - 8
0

Walden III Middle School

Public | 6 - 8
0

St Catherines High School

Private | 6 - 12

High Schools 4

1

Horlick High School

Public | 9 - 12
1

Park High School

Public | 9 - 12
0

Lutheran High School

Private | 9 - 12
0

Walden III High School

Public | 9 - 12

School and business data provided by Attom Data.

Stacie Krajcir

Agent & Investor

+1(262) 844-9971