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Two-Family

1504 TOTAL SQ FT

Year 1917

0.09 ACRES

N/A CARS

1986811

UNIT ONE

N/A SQ FT

4 ROOMS

2 BEDS

1/0 BATHS

UNIT TWO

N/A SQ FT

4 ROOMS

1 BEDS

1/0 BATHS

Racine Home for Sale

$214,900

1518 Lombard Ave
Racine WI 53402

Listed by Durante & Rich Real Estate

Share Property

Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).

Property Details

Listing Details

Price

$214,900

Year Built

1917

Levels

N/A

SQ FT

N/A

Lot Size

0.09 ACRES

Zoning

Tax Key

20186000

TaxYear

2025

Property Taxes

$3,809

Property Type

Two-Family

Property Status

Active

MLS#

1986811

Inclusions

N/A

Exclusions

Tenant's belongings

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Vinyl

Parking Features

Paved Driveway

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

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Racine Home for Sale

1518 Lombard Ave Racine WI 53402

1518 Lombard Ave
Racine WI 53402