2010 Kinzie Ave, Racine, WI 53405 Sold for $167,500 on 10/08/2021

2010 Kinzie Ave, Racine 3 Units $167,500 Sold

3-Unit Money Maker in Racine!

  • Multi-Family
  • Status: Sold
  • Total Number of Units: 3
  • Unit Type 1 # of Units: 2
  • Unit Type 1 Avg Rent: $625
  • Unit Type 2 # of Units: 1
  • Unit Type 2 Avg Rent: $450
  • Outside Parking: 3
  • Est. Square Footage: 2,184
  • Est. Year Built: 1900
  • School District: Racine
  • County: Racine
  • Postal Municipality: Racine
  • MLS#: 1748909
  • Listing Company: Shorewest - Racine
  • Price/SqFt: $75
  • Zip Code: 53405

2010 Kinzie Ave, Racine, WI 53405 - $21,600 in annual rental income producing triplex with 9.5% CAP rate! Two 3 BR/1 Bath units rented for $650 and $600, and one 1 BR/1 Bath unit rented for $550. Rents are under-priced for the market. Updates have been made to the 1 Bedroom/1 Bath unit and two new furnaces were added in 2019. Includes three onsite parking spots. Tenants pay separate utilities. Continue renting all three units or live in one while renting out the other two.

Additional Features
  • Full, Laundry Facilities
  • Heating/Cooling: Forced Air, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Apartment Building
  • Roof: Composition
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1748909 Active Jun 25 2021 4:28PM 33
1544489 Sold Pending Sep 7 2017 12:00AM $95,000 31
1544489 Pending ActiveWO Sep 6 2017 9:59AM 31
1544489 ActiveWO Active Aug 21 2017 9:26AM 31

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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