This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.
Contingent
$187,500
1644 Packard AVENUE, Racine, WI 53403
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1912
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$-- Zestimate®
$--/sqft
$-- HOA
What's special
Furnished rooms
- 124 days
- on Zillow |
- 182 |
- 5 |
- Loading