Description
Here's your opportunity to own one of the few licensed Rooming Houses/SROs in Racine! There are 9 individually leased furnished rooms upstairs and a recently remodeled 2 bedroom apartment below. The rooming house has a kitchen and bathroom shared by tenants and private bedrooms for each. The rooming house has a newly built interior staircase. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $900/mo lease for lower, this property is a cash cow! There is also 2 car garage that can be rented out for additional income along with a spacious basement that could be used for storage.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
Listing provided courtesy of The Curated Key Collective: (262) 497-1198.
Description
Here's your opportunity to own one of the few licensed Rooming Houses/SROs in Racine! There are 9 individually leased furnished rooms upstairs and a recently remodeled 2 bedroom apartment below. The rooming house has a kitchen and bathroom shared by tenants and private bedrooms for each. The rooming house has a newly built interior staircase. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $900/mo lease for lower, this property is a cash cow! There is also 2 car garage that can be rented out for additional income along with a spacious basement that could be used for storage.
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