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

New listing
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

Down payment$99,980

Interest rate

Loan term

$3,273/ month estimated

Principal & interest$2,607
Property tax$458
Insurance$208

Illustrative estimate — not a lending offer.

Location

Racine, WI

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Courtesy of Riverwest Realty Milwaukee

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$499,900

0 ba