512 16th St, Racine, WI 53403
$499,900
MLS #: 1981365
Description of 512 16th St, Racine, WI 53403
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.
Property Features of 512 16th St, Racine, WI 53403
Listing courtesy of: Riverwest Realty Milwaukee
TYPE
Multi Family
Multi Family
Year Built
1920
1920
Acres
.2
.2
Features
| Brick exterior |
| Wood exterior |
| Lot acreage is: 0.2 |
| Lot sqft: 8712 |
| Lot zoned: B1 |
| Full basement |
| Public sewer |
| Public water |
| Tenant expenses: Sewer,Water,Electricity,Gas,None |
| For sale |