515 Sixth St, Racine, WI 53403 Sold for $735,000 on 09/21/2021

515 Sixth St, Racine 11 Units $735,000 Sold

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 11
  • Unit Type 1 # of Units: 1
  • Unit Type 1 Avg Rent: $600
  • Unit Type 2 # of Units: 2
  • Unit Type 2 Avg Rent: $775
  • Unit Type 3 # of Units: 2
  • Unit Type 3 Avg Rent: $500
  • Unit Type 4 # of Units: 2
  • Unit Type 4 Avg Rent: $925
  • Est. Square Footage: 12,780
  • Est. Year Built: 1900
  • School District: Racine
  • High School: Case
  • County: Racine
  • Postal Municipality: Racine
  • MLS#: 1753519
  • Listing Company: RE/MAX Newport
  • Price/SqFt: $58
  • Zip Code: 53403

515 Sixth St, Racine, WI 53403 - Located on Historic downtown Sixth St, This completely updated and remodeled building houses 9 residential units and 2 store fronts (businesses not included) Property has great cash flow and tenants! Owner pays maintenance, taxes, and residential sewer and water. This property is walking distance to all the main attractions including restaurants, bars and events. Just blocks from Lake Michigan and Reef Point Marina Property tax and sq footage listed are for both buildings combined . A must see for serious approved buyer only. Property is also listed under commercial in mls #1753521

Additional Features
  • Full
  • Heating/Cooling: Electric, Forced Air, Indiv. Heating Units, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Inclusions: 9 Refrigerators, 9 Stoves, 1 portable A/C unit, Restaurant hood and Grease trap
  • Apartment Building, Other
  • Roof: Rubber
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1753519 Sold Pending Sep 21 2021 12:00AM $735,000 51
1753519 Sold Pending Sep 21 2021 12:00AM $735,000 51
1753519 Pending ActiveWO Sep 8 2021 1:52PM 51
1753519 ActiveWO Active Jul 26 2021 1:20PM 51
1753519 Active Jul 21 2021 9:55AM $750,000 51

Estimated Monthly Payment

$3,287 per month
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