For sale· 1 day on market
1518 Lombard Ave
Racine, WI, 53402·MLS# 1986811·Courtesy of Durante & Rich Real Estate
$214,900
Estimated $1,408/mo estimated
- 3
- Bedrooms
- 0
- Bathrooms
- 0.09 ac
- Lot size
- 1917
- Year built
- New listing
- Residential Income
- Built 1917
About this home
Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 0 full
Property
- Type
- Residential Income
- Year built
- 1917
- Lot size
- 0.09 acres
Financial
- Annual taxes
- $3,808.7
Estimate your monthly payment
$1,408/ month estimated
- Principal & interest$1,121
- Property tax$197
- Insurance$90
Illustrative estimate — not a lending offer.
Investor tools
See flip, rental and BRRR numbers for this home.
Location
Racine, WI
Around Racine
Homes for sale in Racine
As of Nov 2Asking prices in Racine run from $25,000 to $10,000,000. The middle ask is $224,900. This home asks $214,900.
- Homes for sale
- 211
- Middle ask
- $224,900
- New this week
- 24
These numbers use homes for sale only.
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Courtesy of Durante & Rich Real Estate
reThought Real Estate
My local team · (407) 974-5509
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