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$140,000
10
half baths

1625 Phillips Ave
Racine, Wisconsin 53403

Closed / MLS #1794735 / Multiple Unit (2-4) / Racine
Listing information updated 5/19/2025 at 5:02pm
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 2 bedroom apartment below. The rooming house has a kitchen and bathroom and coin op washer and dryer that are shared by the tenants. All tenants are MTM. With recent tenants renting at $325/room/mo and in-place $775/mo lease for lower, this property is a cash cow! There are also 2-3 garage stalls that can be rented out for additional income. Pro Forma/operating statement available upon request.
Exterior Type:
Aluminum
Basement:
Full
Heating System:
Hot Water/Steam, Natural Gas
Pool:
No
Age:
98 Years
Parking Type:
Near Public Transit,4 space(s) inside,0 space(s) outside
Water Front:
No
Square Feet:
N/A
Lot Size:
0.11 acres
Acreage:
0.11
Tax Amount:
$2,585
Tax Year:
2021
Assessments:
$10
Zip Code:
53403
City:
Racine
County:
Racine
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: The Curated Key Collective

Listing Office Phone: 262.497.1198

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Racine

Racine, WI

Situated on the shores of Lake Michigan and at the mouth of the picturesque Root River, the City of Racine is more than just an angler’s haven. With over 1,100 acres of parkland, the city is home to several attractions including a vibrant arts community, zoo, and variety of historic buildings, man...
$256,342
Average Sale Price
37
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1625 Phillips Ave, Racine, WI 53403
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1625 Phillips Ave, Racine, WI 53403 is a multiple unit (2-4) which sold for $140,000. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since May 26th, 2022 and was built in 1927.

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