1644 Packard Avenue

Racine, WI 53403

$184,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Kelsey Krimmer • The Curated Key Collective

Property Details for 1644 Packard Avenue

Zoning
R3
Municipal Code
Racine

Location

Listing Courtesy of The Curated Key Collective
Add your commute
LISTING UPDATED: 04/08/2024 02:25 PM

Property Details for 1644 Packard Avenue

StatusActive
MLS #1841676
Days on Market242
Taxes$2,479 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Rooming House
Year Built1912
Lot Size0.10 AC / 4,356 SF
CountyRacine County

Location

Listing Courtesy of The Curated Key Collective
Add your commute

Building Information for 1644 Packard Avenue

Stories-Residences10Year Built1912Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,216 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,009

Property Taxes

$207

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1644 Packard Avenue

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Racine
  • Zip Code: 53403
  • Geo Lat: 42.711124
  • Geo Lon: -87.801197
  • Agent Remarks: 17th St to Packard. House is on the corner of 17th & Packard.
Taxes and HOA Information
  • Taxes: $2,479.02
  • Tax Year: 2022
School Information
  • School District: Racine Unified
Parking
  • Garage Parking: Near Public Transit
  • Parking Inside: 0.0
  • Parking Outside: 2.0
Property
Lot Information
  • Year Built Numeric: 1912
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.1
  • Type: Rooming House
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl, Wood
Interior Features
  • Basement Features: Full
  • Heating/Cooling: Hot Water/Steam, Natural Gas
Multi Family
Multi-Family Information
  • Total Units: 10
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 1.0
  • 1st Type Unit: 2 Bedrooms, Range/Oven, Refrigerator
  • Estimated SqFt #1: 751-1000
Unit 2
  • Unit Info: # Of Units Type #2: 9.0
  • 2nd Type Unit: 1 Bedroom, Furnished
  • Estimated SqFt #2: 750 or less

Property History for 1644 Packard 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 1644 Packard Avenue

Taxable ValueLand$13,300Additions$72,700Total$86,000
Tax Record2023$2,887 ($241 / month)
Home Facts
Total Finished SqFt2,998 SqFtAbove Grade Finished SqFt2,998 SqFtStories2Lot Size4,443 SqFtStyleMiscellaneous CommercialYear Built1912ZoningR3CountyRACINEAPN276 000014686000

Schools near 1644 Packard 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 - K to 8
Rating
School
Distance
Knapp Elementary School
PublicPK to 5

Mitchell Middle School
Public6 to 8

Park High School
Public9 to 12

Gilmore Fine Arts School
PublicK to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1644 Packard Avenue is a multi-family home for sale in Racine, WI 53403. This property was listed for sale on July 10, 2023 by The Curated Key Collective, it's currently listed at $184,900. This listing's school district is Racine Unified School District. Nearby schools include Knapp Elementary School, Mitchell Middle School and Park High School. 1644 Packard Avenue is a 0-bed, 0-bath, multi-family home built in 1912.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Curated Key Collective

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 04/08/2024 02:25 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