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Archived almost 3 years ago

$950,000

rooms 4+ ba

Several Properties, Racine, WI 53403

Multiple Occupied Off MLS

Current Rent **

$10,000+

Projected Rent **

$10,000+

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

14 Single Family Portfolio!

OFF-MARKET OPPORTUNITY!
14 Single Family Portfolio!
Wholesale Price $950,000

14 Single Family Racine Package!

Great Value-Add Opportunity!

14 Racine Single-Family Properties:

1) Davis Pl, Racine, WI 53403
2) Davis Pl, Racine, WI 53403
3) Saint Clair St, Racine, WI 53402
4) S Memorial Dr, Racine, WI 53403
5) Vera Ct, Racine, WI 53403
6) Taylor Ave, Racine, WI 53403
7) Layard Ave, Racine, WI 53402
8) Flett Ave, Racine, WI 53405
9) Grand Ave, Racine, WI 53403
10) 12th St, Racine, WI 53403
11) Racine St, Racine, WI 53403
12) 9th St Racine, WI 53403
13) Park View Dr Racine, WI 53404
14) Park View Dr Racine, WI 53404

-Roofs ~ In Good Condition
-Furnaces and Water Heaters ~ In Good Working Condition
-Properties in a Variety of Conditions

-Total Current Rents ~ MtM Leases $11,600/mo
-Potential Market Rent Increase of over $7,000 to improve total rents to nearly $18,000/mo
-Tenants pay Water, Gas & Electric Utility
-Tenants Responsible for Snow & Lawn Maintenance
-Appliances Belong to Tenants
-1041 Davis Place & 1600 Flett Ave will be delivered Vacant at Closing

*CLICK LINKS BELOW FOR PICTURES & ADDITIONAL INFORMATION*

$950,000

NO TERMS OR SELLER FINANCE AVAILABLE

-We are looking to assign our contract on these properties
-Properties are being sold As-Is
-Cash Buyer or Hard Money/Private Money Preferred
-Buyer is responsible for all closing costs
-Earnest Money required within 48 hours of accepted offer
-Realtors/Brokers welcome ~ Bring us a buyer!

Please contact us with any questions or to discuss!

Contact:
Vincent - 414 404 5724
[email protected]

Contact us for Additional Portfolio Information
Contact us for Property Pictures

Location:

Several Properties, Racine, WI 53403

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.