Property Description for 1625 Phillips Avenue, Racine, WI 53403
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.