Hard to find, 5 unit investment building! All 5 units are 1 bedroom & 1 bath in rent ready condition. 4 units currently rented @ $2,771mo. #1 - $600/mo - MTM. #2 - $700/mo lease ends 6/30/23. #3 - $800/mo lease ends 12/2/23. #4 - $671/mo - MTM. #5-Vac. Market rents $4,000-$4,250/mo (800-850 per unit). Private entrances & storage locker for each tenant. 4-5 parking spaces in back of building. Boiler installed 2 years ago. Unit currently on fuses but will be upgraded to circuit breakers prior to closing. Tenants currently paying electric. Owner paying heat(boiler) & water.
Closed
$245,000
2016 Kinzie AVENUE, Racine, WI 53405
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1910
-- sqft lot
$290,300 Zestimate®
$--/sqft
$1,347 Estimated rent
Home value
$290,300
$264,000 - $319,000
$1,347/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 28, 2025 at 04:43am
Listed by:
Blackstone Realty Services Team*,
Coldwell Banker Realty
Bought with:
Blackstone Realty Services Team*
Source: WIREX MLS,MLS#: 1838486
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Hot Water/Steam
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Partial
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 5,662 sqft
Details
- Parcel number: 06082000
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel, Aluminum Siding, Partial-Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Racine
- Municipality: Racine
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $245,000-2% |
Source:  WIREX MLS #1838486 | ||
| 7/21/2023 | Pending sale | $250,000 |
Source: WIREX MLS #1838486 | ||
| 6/15/2023 | Listed for sale | $250,000 |
Source: WIREX MLS #1838486 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53405
Nearby schools
GreatSchools rating
- 5/10Fratt Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Walden Iii High SchoolGrades: 6-12Distance: 0.2 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Fratt
- Middle: Mckinley
- High: Park
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$290,300
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$296,106