Bought with EXP Realty, LLC Kenosha
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1511 Lincoln St Racine, WI 53402
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Key Details
Sold Price $120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $58
MLS Listing ID 1919513
Sold Date 06/20/25
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $2,112
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Attention all investors and home renovators - on the north side of Racine, this two-family home is being offered for the first time since 1989. The property originally functioned as a single-family residence before being converted into two separate units. The upper unit has been completely renovated and is currently rented to a family friend for $600, but it could achieve a rental rate of $1,100. The lower unit is also occupied by a family friend at $700, but it requires a full remodel. Once upgraded, this space should be able to command a rental price of $1,400. The property sits on a spacious lot featuring a driveway and off-street parking. Please note, some trees may need to be removed to enhance the property. This is a great opportunity to invest in a property with potential!
Location
State WI
County Racine
Zoning R3
Rooms
Basement Full, Walk Out/Outer Door
Interior
Heating Forced Air, Natural Gas, One Furnace
Flooring No
Exterior
Exterior Feature Vinyl
Parking Features None
Garage Spaces 2.0
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
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