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
$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.
reThought Real Estate
My local team · (407) 974-5509
$190,000
4 bd · 0 ba