For sale· 2 days on market
512 16th St
Racine, WI, 53403·MLS# 1981365
$499,900
Estimated $3,273/mo estimated
- 0
- Bathrooms
- 0.20 ac
- Lot size
- 1920
- Year built
- Residential Income
- Built 1920
About this home
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.
Facts & features
Interior
- Bathrooms
- 0 full
Property
- Type
- Residential Income
- Year built
- 1920
- Lot size
- 0.2 acres
Estimate your monthly payment
$99,980
$3,273/ month estimated
- Principal & interest$2,607
- Property tax$458
- Insurance$208
Illustrative estimate — not a lending offer.
Location
Racine, WI
Similar homes nearby
Courtesy of Riverwest Realty Milwaukee
reThought Real Estate
My local team · (407) 974-5509
$499,900
0 ba