1001 Prospect STREET, Racine, WI 53404
1001 Prospect STREET, Racine, WI 53404
1001 Prospect STREET, Racine, WI 53404
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Jacob Ballweg

Jacob Ballweg

Ballweg's Real Estate LLC

+1(920) 219-2168
$429,900
Est. payment /mo
8 Beds
4 Baths
4,032 SqFt
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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $106

MLS Listing ID 1982890

Style Other

Bedrooms 8

Full Baths 4

Year Built 1890

Annual Tax Amount $5,806

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

Exceptional Four-Family Investment Opportunity. Offered for the first time after 33 years of attentive, hands-on ownership, this well-maintained, vinyl-sided property reflects true pride of ownership. Each spacious unit features a private entrance, approximately 1,100 sq. ft., 2 bedrooms, 1 bathroom, and well-kept kitchens, bathrooms, and flooring. Every unit also includes a separate basement; washer/dryer hookups are not available. Gas, electric, and water are individually metered, with tenants responsible for all utilities. Fully occupied under annual leases, the property generates $4,000 in total gross monthly rent--an attractive opportunity for investors seeking an established, income-producing asset.

Location

State WI

County Racine

Zoning Commercial

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment Seller Owned: Water Heater

Exterior

Exterior Feature Vinyl

Building

Story 1 - 2

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

School District Racine


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Listed by Riley Real Estate Group LLC

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Jacob Ballweg
Jacob Ballweg

Broker License ID: 57699-90

+1(920) 219-2168 | [email protected]

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1001 Prospect STREET