1644 Packard Avenue

Racine, WI 53403

$187,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.
  1. Listed by Jennifer Kortendick • Doering & Co Real Estate, LLC - Racine

Property Details for 1644 Packard Avenue

Zoning
R3
Municipal Code
Racine
LISTING UPDATED: 10/11/2024 10:51 AM

Property Details for 1644 Packard Avenue

StatusActive
MLS #1895632
Days on Market20
Taxes$2,139 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Rooming House
Year Built1912
Lot Size0.10 AC / 4,356 SF
CountyRacine County

Building Information for 1644 Packard Avenue

Stories-Residences10Year Built1912Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 1644 Packard Avenue

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Racine
  • Zip Code: 53403
  • Geo Lat: 42.711124
  • Geo Lon: -87.801197
  • Agent Remarks: East on 16th to Packard South on Packard to Property, It will be located on the left hand side of the street.
Taxes and HOA Information
  • Taxes: $2,138.51
  • Tax Year: 2023
School Information
  • School District: Racine Unified
Parking
  • Garage Parking: Indoor Space, Outdoor Space
  • Parking Inside: 0.0
  • Parking Outside: 2.0
Property
Lot Information
  • Year Built Numeric: 1912
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.1
  • Type: Rooming House
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl, Wood
Interior Features
  • Basement Features: Full
  • Heating/Cooling: Hot Water/Steam, Natural Gas
Multi Family
Multi-Family Information
  • Total Units: 10
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 1.0
  • 1st Type Unit: 1 Bath, 2 Bedrooms, Cable TV Available, Range/Oven, Refrigerator
  • Estimated SqFt #1: 751-1000
Unit 2
  • Unit Info: # Of Units Type #2: 9.0
  • 2nd Type Unit: 1 Bedroom, Cable TV Available, Furnished
  • Estimated SqFt #2: 750 or less

Property History for 1644 Packard Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1644 Packard Avenue

Taxable ValueLand$13,300Additions$72,700Total$86,000
Tax Record2023$2,887 ($241 / month)
Home Facts
Total Finished SqFt2,998 SqFtAbove Grade Finished SqFt2,998 SqFtStories2Lot Size4,443 SqFtStyleMiscellaneous CommercialYear Built1912ZoningR3CountyRACINEAPN276 000014686000

Schools near 1644 Packard Avenue

This home is within Racine Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Mitchell Elementary School
PublicPK to 8

Mitchell Middle School
Public6 to 8

Park High School
Public9 to 12

The Real School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1644 Packard Avenue is a multi-family home for sale in Racine, WI 53403. This property was listed for sale on October 11, 2024 by Doering & Co Real Estate, LLC - Racine, it's currently listed at $187,500. This listing's school district is Racine Unified School District. Nearby schools include Mitchell Elementary School, Mitchell Middle School and Park High School. 1644 Packard Avenue is a 0-bed, 0-bath, multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Doering & Co Real Estate, LLC - Racine

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/11/2024 10:51 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved