Five-Unit Residential Income
311 11th Street Racine, WI 53403
311 11th Street, Racine, WI, 53403
$429,900
For Sale
$429,900
Five rental units include two 2-bedroom and three 1-bedroom layouts with eat-in kitchens and in-unit appliances.
Property Size4,200 SF
Price / SF$102.36
Days on Market50
Property Features for 311 11th Street
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Multi-Family / Multi-Family
Building Details
- Year Built
- 1880
Listing agency
Hyperion Realty
(262) 671-6952
Listed by
Garrin S Horwitz · License #59562-90
(262) 671-6952
Source
Compass
Added: Jun 3 Updated: Jul 21 at 4:09PM Checked: Jul 21 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hyperion Realty
Investment Insights
Based on property information with market context.
This five-unit income property is configured with two 2-bedroom units and three 1-bedroom units, each featuring an eat-in kitchen along with a range and refrigerator. Units also include semi-updated bathrooms in select areas, newer windows in some units, and the property has a full basement with laundry hookups.
The building benefits from documented rental history and consistent occupancy. Exterior finishes include a vinyl exterior to support ongoing maintenance. Recent capital improvements include a newer roof installed in 2019 and updated electrical service and wiring completed in 2018. Heating is provided by boiler heat, with municipal water and sewer.
Set in Racine near Main Street, the property is located about two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront. Highway 20 runs west toward I-94 for access to the Milwaukee and Chicago markets.
The building benefits from documented rental history and consistent occupancy. Exterior finishes include a vinyl exterior to support ongoing maintenance. Recent capital improvements include a newer roof installed in 2019 and updated electrical service and wiring completed in 2018. Heating is provided by boiler heat, with municipal water and sewer.
Set in Racine near Main Street, the property is located about two blocks off Main Street and within blocks of Lake Michigan and the downtown Racine waterfront. Highway 20 runs west toward I-94 for access to the Milwaukee and Chicago markets.
Key Highlights
- Five‑unit Racine income property: two 2‑bedroom units and three 1‑bedroom units
- In‑place rent is $4,425/mo ($53,100/yr) with documented long rental history and consistent occupancy
- Capital updates include a newer roof (2019), updated electrical service and wiring (2018), and newer windows in select units
Property Analytics
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FAQs
What type of property is this?
Apartment building - Five rental units include two 2-bedroom and three 1-bedroom layouts with eat-in kitchens and in-unit appliances.
Where is this apartment building located?
The property is located at 311 11th Street Racine, WI.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Five‑unit Racine income property: two 2‑bedroom units and three 1‑bedroom units; In‑place rent is $4,425/mo ($53,100/yr) with documented long rental history and consistent occupancy; Capital updates include a newer roof (2019), updated electrical service and wiring (2018), and newer windows in select units
