521 College Ave., Racine, WI 53403

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$84,500
Sold on 5/14/15
Beds Baths Sq. Ft. Taxes Built
0 $0
On the market: 149 days
Dan Kaiser
(888) 326-2726
Realtor @ Keller Williams
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THIS IS A TRULY UNIQUE OPPORTUNITY! Net lease parking lot in Downtown Racine. The lease runs for another 35 years and is absolutely a net lease producing $500.00 per month for the next 420 months. Total income produced by lease is $210,000. At the end of the lease term, you will own the residual land, presently assessed at $76,800.
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Racine

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Listing courtesy of John Crimmings