805 Grand Ave Racine WI 53403 $565,000

Property Description

805 Grand Ave Racine WI 53403 - Offering an (8) unit property on a corner lot which includes all one (1) bedroom/one (1) full bathroom apartments located in Racine, Wisconsin. The property underwent a complete restoration in 2010 which included some new storm windows, new roof, all wiring throughout the building & 8 furnaces. All units have separate furnaces, electric meters but have fuze boxes and gas meters and located in the basement of this property is a coin operated laundry room. Potential to increase the unit count by completing an already started apartment unit in the basement which currently has framing installed, Plumbing, wiring and Electric.LAND CONTRACT OPTION(NOT REQUIRED)TERMS: MINIMUM 40% DOWN, 6.5% INTEREST RATE ( NEGOTIABLE) 5 YEAR BALLOON NO PRE PAY.

Multi-Family
Status: Sold
Total Number of Units: 8
Unit Type 1 # of Units: 8
Unit Type 1 Avg Rent: $650
Est. Square Footage: 5,576
Est. Year Built: 1900
School District: Racine
Body of Water: Municipal Water/Sewe
County: Racine
Postal Municipality: Racine
MLS#: 1818230
Listing Company: Coldwell Banker Realty
Price/SqFt: $101
Zip Code: null

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. REALTOR *MLS* Equal Housing Opportunity