Bought with Guy Lloyd, Inc.
$60,000
$79,000
24.1%For more information regarding the value of a property, please contact us for a free consultation.
1028 Pearl St Racine, WI 53403
3 Beds
2 Baths
1,825 SqFt
Key Details
Sold Price $60,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,825 sqft
Price per Sqft $32
MLS Listing ID 1899911
Sold Date 01/10/25
Bedrooms 3
Full Baths 2
Year Built 1874
Annual Tax Amount $1,642
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
This property offers a fantastic opportunity for investors looking to add value through renovation. Originally a single-family, Its spacious units and classic architectural details provide a solid foundation for transformation. Newer mechanicals, updated electrical, roof, siding, windows, and gutter replacement within the past 10 years make this property a blank slate for any investor. Although Unit#1 is listed as a one-bedroom, there is a den/office that the previous owners used as a bedroom. Unit#2's living room with closet could be a 3rd bedroom. 1.5 garage w/additional driveway parking makes this an ideal property for tenants. While it requires some rehab work, the potential for increased rental income and property value is significant. Value-priced for a quick sale!
Location
State WI
County Racine
Zoning R3
Rooms
Basement Full
Interior
Heating Natural Gas, One Furnace
Flooring No
Exterior
Exterior Feature Other, Vinyl
Parking Features Driveway Entrance, Parking Space, Paved Driveway
Garage Spaces 1.5
Building
Water Municipal Sewer, Municipal Water
Schools
Elementary Schools Janes
Middle Schools Mitchell
High Schools Case
School District Racine Unified
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