Description
Back on the Market! 11% Cap Rate Mixed Use Multi Family property in Racine, WI. The Unit mix is 15 Studio units, one-1 bedroom unit plus One-store front. Property offers a new elastomeric roof, new cast iron boilers replaced in 2019, tuck pointing completed in 2019, all 175-gallon stainless domestic system, all shower posi temps and drain sets replaced, masonry restored, new tile, baths restored, new intercom system, cabinets, appliances, light fixtures & ceiling fans, new wall & ceiling surfaces & flooring. Huge basement w/tenant storage, shop, new water heater.LAND CONTRACT TERMS: MINIMUM 40% DOWN, 6.5% INTEREST RATE ( NEGOTIABLE) 5 YEAR BALLOON NO PRE PAY.
Location
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Listing Agent: Paul T Proano Courtesy of: Coldwell Banker Realty Copyright 2022 MetroMLS. All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is supplied by seller and other third parties and has not been verified. Updated: 8th February, 2023 9:28 AM (UTC)
