1639 Douglas Ave, Racine WI 53404-2700 $779,000

1639 Douglas Ave, Racine 34 Units $779,000 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 34
  • Est. Year Built: 1928
  • Est. Acreage: 0.4
  • School District: Racine Unified
  • County: Racine
  • Property Taxes: $15,111
  • Property Tax Year: 2016
  • Postal Municipality: Racine
  • MLS#: 1565021
  • Listing Company: Realtypro Professional Real Estate Group

1639 Douglas Ave Racine WI 53404-2700 - WOW!! RARE INVESTMENT & OPPORTUNITY on this 34-UNIT Apartment Complex w/Two Store Fronts, 1-Studio, 1-1 Bedroom and 29 EFFICIENCY APTS!! This is a RIVETING & Awesome Opportunity for the Investor and/or Company to expand the Investment Portfolio in a city with an Explosive Economic growth with the likes of FOXCONN coming with their $10 Billion Investment. Around 10% Cap!! This WELL BUILT and Solid Building has many New Appliances & Some Upgraded Units ( Carpet, Paint). Tenants Pay OWN HEAT & ELECTRIC! All Residential Units include Stove & Fridge. SOLD AS-IS and Where-Is with NO WARRANTIES!!

Additional Features
  • Partial
  • Heating/Cooling: Electric, Indiv. Heating Units
  • Water Waste: Municipal Sewer, Municipal Water
  • Apartment Building
  • Roof: Rubber
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1565021 Apr 25 2018 10:37AM $779,000 $789,000 119
1565021 Mar 18 2018 3:39PM $789,000 $799,000 119
1565021 Active Jan 29 2018 11:45AM $799,000 119
1484379 Expired Active Nov 1 2016 12:18AM 126
1484379 Active Jun 29 2016 1:33PM $679,000 126

Estimated Monthly Payment

$3,287 per month
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The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site.
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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