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512 8th St

Racine, WI 53403
  • $424,999
  • STATUS: Active
  • ON SITE: 154 Days
  • ID#: 1809368
UPDATED: 47 min ago
$424,999
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:
Listing provided courtesy of Coldwell Banker Realty: (414) 277-9500.

Description

Strong cash flowing 13 Room LICENSED lodging house. Rooming houses are better described as a ''living arrangement'' rather than a specially ''built form'' of housing; rooming houses involve people who are not related living together, often in an existing house, and sharing a kitchen, bathroom and in this case a dining room. Some Capital Improvement that has been completed to the building in 2005: Updated Wiring, Plumbing, Roof, Tuck Pointing/Brick Restoration, Gutters, Downspouts, Storms, Floors, Kitchen, New Tankless Hot Water Heater, and updated bathrooms.LAND CONTRACT TERMS: MINIMUM 40% DOWN, 6.5% INTEREST RATE ( NEGOTIABLE) 5 YEAR BALLOON NO PRE PAY.

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© 2023 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or EXIT Realty Results. Data last updated: 2023-02-03T17:52:49.01.
www.exitresultswi.com/homes/132661057
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512 8th St Racine, WI 53403

  • Price: $424,999
  • Status: Active
  • On Site: 154 Days
  • Updated: 47 min ago
  • ID#: 1809368
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1910
Built
County:
Racine
Area:
Racine
School District:
Racine Unified
Property Description
Strong cash flowing 13 Room LICENSED lodging house. Rooming houses are better described as a ''living arrangement'' rather than a specially ''built form'' of housing; rooming houses involve people who are not related living together, often in an existing house, and sharing a kitchen, bathroom and in this case a dining room. Some Capital Improvement that has been completed to the building in 2005: Updated Wiring, Plumbing, Roof, Tuck Pointing/Brick Restoration, Gutters, Downspouts, Storms, Floors, Kitchen, New Tankless Hot Water Heater, and updated bathrooms.LAND CONTRACT TERMS: MINIMUM 40% DOWN, 6.5% INTEREST RATE ( NEGOTIABLE) 5 YEAR BALLOON NO PRE PAY.
Exterior Features

Exterior Brick Garage Parking Near Public TransitNone Parking Inside 0.00 Parking Outside 0.00 Stories 1-2 Stories

Interior Features

Basement FullLaundry Facilities Heating Cooling Hot Water/SteamNatural Gas Unit Type1 1 Bath1 BedroomEat-In KitchenFurnishedRange/OvenRefrigeratorStudio/Efficiency Unit1 Sq Ft 750 Or Less

Property Features

Financing Available Land ContractOwner May Assist Flood Plain No Municipality City Source Acreage Public Records Source Year Built Public Records Tax Year 2021 Taxes 3765.44 Type Apartment BuildingRooming House Units Type1 13.00 Water Waste Municipal SewerMunicipal Water Zoning R4

© 2023 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2023 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or EXIT Realty Results. Data last updated: 2023-02-03T17:52:49.01.
 
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EXIT Realty Results
N64W24678 Main St.
Sussex WI, 53089
Listing provided courtesy of Coldwell Banker Realty: (414) 277-9500.