Sergio Martinez Pacheco

1518 Lombard Avenue, Racine, WI 53402

$214,900
  • 1518 Lombard Avenue, Racine, WI 53402 Main Photo
New to the Market Active
BEDS0 BATHS SQUARE FEET1,504 MLS#1986811
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRacine

Listing Courtesy of: Durante & Rich Real Estate
Agency Contact: rdurante@drpropmgt.com
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Property Description

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).

1518 Lombard Avenue | MLS# 1986811

This multi-family property located at 1518 Lombard Avenue, Racine, WI 53402 is currently listed for sale with an asking price of $214,900. Lombard Avenue is located within the Racine school district. Search Racine real estate on smartinez.starkhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.09 Acres
Taxes: $3,808
Year Built: 1917

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Unit 2:
Bedrooms: 1
Full Baths: 1

Feature Descriptions

Basement: Full
Building: 2 Story, Duplex
Data Source: WIREX_METRO
Exterior: Vinyl
Units: 2
Utilities: 2 Electric Meters, 2 Gas Meters
Water/Waste: Municipal Water

Local Schools

School District: Racine

Listed By / Shown By

Listed By

Agency Name: Durante & Rich Real Estate
Agency Contact: rdurante@drpropmgt.com

Shown By

Agent Name: Sergio Martinez Pacheco
Agent Phone: (608) 359-6746
Agency Title: Stark Company Realtors

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Estimate Your Payment

Estimated Payment

$ 1,519.60 per month $1,139.59 Principal & Interest $317.33 Property Tax $62.68 Homeowner's Insurance

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