reThought Real Estate

For sale· 8 days on market

1718 Erie

Racine, WI, 53402·MLS# 1955502

$190,000

Estimated $1,244/mo estimated

4
Bedrooms
0
Bathrooms
0.13 ac
Lot size
1884
Year built
  • New listing
  • Residential Income
  • Built 1884

About this home

Turnkey investment opportunity with built-in cash flow! This well-maintained duplex features two 2-bedroom, 1-bath units, each offering functional layouts and great rental appeal. The lower unit has been nicely remodeled with modern finishes, making it desirable for tenants, while the upper unit offers value-add potential for increased rents with some updates. Property includes a large fenced backyard, perfect for tenant enjoyment, plus a private driveway for off-street parking. No garage but driveway parking for 2 vehicles. Excellent tenant payment history with leases already in place--start earning income from day one. This property may qualify for DSCR financing, making it an easy addition to your portfolio. Don't miss this opportunity to secure a performing asset with upside potential!

Facts & features

Interior

Bedrooms
4
Bathrooms
0 full

Property

Type
Residential Income
Year built
1884
Lot size
0.13 acres

Financial

Annual taxes
$3,651

Estimate your monthly payment

$38,000

$1,244/ month estimated

  • Principal & interest$991
  • Property tax$174
  • Insurance$79

Illustrative estimate — not a lending offer.

Location

Racine, WI

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Courtesy of Shorewest Realtors, Inc.

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Listing data courtesy of Shorewest Realtors, Inc.. My request routes to reThought Real Estate in DashBrew CRM.

$190,000

4 bd · 0 ba