1518 Lombard Ave, Racine, WI 53402

1518 Lombard Ave, Racine, WI 53402
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$214,900
Beds Baths Sq. Ft. Taxes Built
2 1.00 1,504 $3,808.70 1917
On the market: 3 days

Est. Monthly Payment:

$1,604($1,287 + $317 taxes*)

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APPROVED
Dan Kaiser
(888) 326-2726
Realtor @ Keller Williams
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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).
Racine

Racine

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Listing courtesy of Alexander Gray-Broses, Durante & Rich Real Estate