BEDS0
BATHS
MLS#2032833
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLUnknown
Listing Courtesy of:
Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Property Description
20-unit apartment investment opportunity at 3200 Indiana St in Racine. Built in 1979, the property consists of 20 one-bedroom units averaging approximately 700 SF. Eight units have been renovated within the past year with updated flooring, appliances, kitchens and bathrooms, along with improvements to the common areas. Current rents average $969/unit with pro forma rents of $1,125, providing a clear path for continued value-add through renovation and rent growth. Tenant-paid, separately metered electric, individual water heaters, wall-sleeve A/C and electric baseboard heat help maintain an efficient expense structure. Convenient location near shopping, Reservoir Park and Highway 11.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Electric
Home Style: Apartment building
Taxes: $31,172
Year Built: 1979
Units
Unit 1:
Bedrooms: 20
Full Baths: 20
Parking Description: 1 Space
Square Feet: 700
Amenities
Brick
Feature Descriptions
Days on Site: 1
Exterior: Brick
Units: 20
Water/Waste: Municipal sewer, Municipal water
Local Schools
High School: Not Assigned
Middle School: Not Assigned
Elementary School: Not Assigned
School District: Unknown
Listed By / Shown By
Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agent Name: Danielle Powers
Agent Phone: (815) 847-8406
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 7,304.89 per month $4,161.81 Principal & Interest $2,597.67 Property Tax $545.42 Homeowner's InsuranceChange Payment Information
This information, provided by seller, listing broker, and other parties, may not have been verified.
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3200 Indiana Street | MLS# 2032833
This multi-family property located at 3200 Indiana Street, Racine, WI 53405 is currently listed for sale with an asking price of $1,870,000. Indiana Street is located within the Unknown school district. Search Racine real estate on daniellepowers.dickersonnieman.com today.