Racine, WI 53402 1131 Erie St
$795,000
20 more
Presented By: Coldwell Banker Realty;
Beds • 4
Baths • 2
SQFT • 2,251
Home Details
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.
Presented By: Coldwell Banker Realty;
Interior Features for 1131 Erie St
Other Interior Features
BasementBlock, Full, Laundry Facilities, Walk Out/Outer Door
Heating/CoolingNatural Gas
Stories1-2 Stories
Total Number of Units7
Type 1 Units4.00
Type 2 Units3.00
General for 1131 Erie St
1st Type Unit1 Bath, 2 Bedrooms, Balcony/Patio, Dining Room, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
2nd Type Unit1 Bath, 2 Bedrooms, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers
CityRacine
CountyRacine
DirectionsFrom the corner of Hamilton St and N Main St, go west and turn left on Erie St. Property is the third house on the left.
Elementary SchoolJulian Thomas
Garage/ParkingNear Public Transit, None
Middle SchoolJerstad-Agerholm
MunicipalityCity
Property TypeD
School DistrictRacine Unified
SubdivisionLower First Ward
Tax Year2023
Taxes$4,799
TypeApartment Building, Other
Year Built1900
ZoningR-3
Exterior for 1131 Erie St
ExteriorAluminum, Brick
Flood PlanNo
Parking Inside0.00
Parking Outside0.00
Water/WasteMunicipal Sewer, Municipal Water
Additional Details
Price History
Schools
High School
N/A
Middle School
Jerstad-Agerholm Middle School
Elementary School
Julian Thomas Elementary School
