1131 Erie St Racine, WI 53402
Listing Courtesy of: METRO MLS / Coldwell Banker Realty / Paul Proano

  1131 Erie St Racine, WI 53402

Active (9 Days)

Description

Exceptional opportunity to acquire a fully renovated, cash-flowing 7-unit multi-family in vibrant Downtown Racine. This turnkey property spans two buildings on one parcel and includes four 2-bed/1-bath and three 1-bed/1-bath units. Each unit has been gut-renovated with LVP flooring, LG stainless steel appliances, modern lighting, and stylish finishes. Major upgrades include new roofs, siding, windows, porches, and updated mechanicals. Amenities include a full basement with tenant storage and on-site laundry. Ideal for investors seeking a low-maintenance, stabilized asset with strong income potential and long-term upside.

MLS #:
1912708
Taxes
$4,799(2023)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1900
School District
Racine Unified
County
Racine County
Community
Lower First Ward

Listed By

Paul Proano, Coldwell Banker Realty
Source
METRO MLS
Last checked Apr 14 2025 at 11:04 AM GMT+0000
Bathroom Details
Subdivision
  • Lower First Ward
Heating and Cooling
  • Natural Gas
Exterior Features
  • Aluminum
  • Brick
Utility Information
  • Sewer: Municipal Sewer, Municipal Water
School Information
  • Elementary School: Julian Thomas
  • Middle School: Jerstad-Agerholm
Parking
  • Near Public Transit
  • None
Location
   
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Disclaimer: Copyright 2025 – Metro MLS – All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Most recently updated as of 4/14/25 04:04