Description

Strong cash flowing 13 Room LICENSED lodging house. Rooming houses are better described as a ”living arrangement” rather than a specially ”built form” of housing; rooming houses involve people who are not related living together, often in an existing house, and sharing a kitchen, bathroom and in this case a dining room. Some Capital Improvement that has been completed to the building in 2005: Updated Wiring, Plumbing, Roof, Tuck Pointing/Brick Restoration, Gutters, Downspouts, Storms, Floors, Kitchen, New Tankless Hot Water Heater, and updated bathrooms.LAND CONTRACT TERMS: MINIMUM 25% DOWN, 6.5% INTEREST RATE ( NEGOTIABLE) 5 YEAR BALLOON NO PRE PAY.

Details

Updated on March 9, 2023 at 12:44 am

Price: $424,999
Land Area: 0.07 SqFt
Year Built: 1910
Property Type: Condominium
Property Status: For Sale
MLS#: 1809368
Office Name: COLDWELL BANKER REALTY
Agent Name: Paul T Proano
MLS Status: Active

Additional details

County: Racine
School District: Racine Unified
Units in Bldg: 0.00
Flood Plain: No
Zoning: Zoning - A Zoning - C
Directions: Main Street To 8th Street, Head west to the property.
Total Units: 13
Tax Year: 2021
Parking: 0.00
Taxes: 3765.44
Basement: Full,Laundry Facilities

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