1841 Roosevelt Avenue

Racine, WI 53406

$640,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking...What a great investment opportunity! Strong rental history. Tenants pay for their heat and electricity; units are separately metered. This property can be sold as a stand-alone building or take advantage of all four 8-family apartments. All units are spacious, featuring a living room, kitchen, two bedrooms, and a bathroom. The current landlord keeps up with maintaining the building (s). See the attachment to review current updates which include new windows, building 1830 new roof, newly paved parking lots, some new windows, and more. Currently, no pets are allowed. Units 1863 and 1841 have coined laundry. Units 1830 and 1821 are set up for the system. When showing please park in the street to avoid getting towed.
  1. Listed by Richard W Fandry Jr • Shorewest Realtors, Inc. • PropertyInfo@shorewest.com

Property Details for 1841 Roosevelt Avenue

Zoning
R4
Municipal Code
Racine
LISTING UPDATED: 11/15/2024 04:43 PM

Property Details for 1841 Roosevelt Avenue

StatusActive
MLS #1899541
Days on Market2
Taxes$11,451 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1979
CountyRacine County

Building Information for 1841 Roosevelt Avenue

Building/Complex1841 Roosevelt AveFloor-Stories-Residences8Pet Policy-Year Built1979Building Size-

Property Information for 1841 Roosevelt Avenue

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Racine
  • Zip Code: 53406
  • Geo Lat: 42.708303
  • Geo Lon: -87.840244
  • Agent Remarks: Hwy. 31 to Byrd Ave. (between Hwy. 11 & 20) east to Roosevelt Ave. and south to property at 1841 Roosevelt Avenue.
Taxes and HOA Information
  • Taxes: $11,451.00
  • Tax Year: 2023
School Information
  • School District: Racine Unified
Parking
  • Garage Parking: Outdoor Space
  • Parking Inside: 0.0
  • Parking Outside: 12.0
Virtual Tour
Property
Lot Information
  • Year Built Numeric: 1979
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.45
  • Type: Apartment Building
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Partial-Aluminum
Interior Features
  • Basement Features: Block, Full
  • Heating/Cooling: Electric
Multi Family
Multi-Family Information
  • Total Units: 8
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 8.0
  • 1st Type Unit: 2 Bedrooms, Air Conditioning, Cable TV Available, Eat-In Kitchen, Range/Oven, Refrigerator, Storage Lockers
  • Estimated SqFt #1: 751-1000

Property History for 1841 Roosevelt 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 1841 Roosevelt Avenue

Taxable ValueLand$58,500Additions$392,500Total$451,000
Tax Record2023$11,451 ($954 / month)
Home Facts
Baths8Total Finished SqFt7,296 SqFtAbove Grade Finished SqFt7,296 SqFtStories2Lot Size19,471 SqFtStyleMiscellaneous CommercialYear Built1979ZoningR4CountyRACINEAPN276 000022891003

Schools near 1841 Roosevelt Avenue

This home is within Racine Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Fratt Elementary School
PublicPK to 5

Mitchell Middle School
Public6 to 8

Case High School
Public9 to 12

Giese Elementary School
PublicPK to 5

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.

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1841 Roosevelt Avenue is a multi-family home for sale in Racine, WI 53406. This property was listed for sale on November 15, 2024 by Shorewest Realtors, Inc., it's currently listed at $640,000. This listing's school district is Racine Unified School District. Nearby schools include Fratt Elementary School, Mitchell Middle School and Case High School. 1841 Roosevelt Avenue is a 0-bed, 0-bath, multi-family home built in 1979.

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 Shorewest Realtors, Inc.

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 11/15/2024 04:43 PM 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