1 month on rocket

1644 Packard Ave, Racine, WI, 53403

$187,500

Home List Price

$2,227*

Closing Credit

0 Baths
Multi

Location

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1644 Packard Ave, Racine$187,500

Buyer Closing Credits

$2,227*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingIndoor Space, Outdoor Space, Inside Parking, Outside
Year Built1912
HeatingHot Water, Steam, Natural Gas
BasementYes
MLS #1895632
Lot Size0.10 Acres
StatusActive

About 1644 Packard Ave

This is your opportunity to own one of the few licensed Rooming Houses/SRO's in Racine! There are 9 furnished rooms upstairs, 5 are currently rented. The Rooming House has a kitchen and bathroom shared by the tenants. All tenants are MTM and rent is $325/room. The lower unit is a 2 Bedroom 1 Bath and is currently rented for $900 a month. 2 Car detached garage is located to the rear of the property and can be rented out for additional income. Great Cash Flow.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Doering & Co Real Estate, LLC - Racine
  • Office Phone: (262) 853-1936
  • Listing Agent: Jennifer Kortendick

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Indoor Space, Outdoor Space, Inside Parking, Outside

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Steam, Natural Gas

Other

Directions Information:

  • Directions: East on 16th to Packard South on Packard to Property, It will be located on the left hand side of the street.

Municipality:

  • Racine

Price Information

Listing Price Info

Price Summary:

  • List Price: $187,500

Tax Information:

  • Annual Amount: $4,360
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Racine, WI.

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Racine, WI

City

Med. Sold Price

$203.1K

Med. Price/SqFt

$154

# of Sold Homes

68

1644 Packard Ave vs Racine

54 DAYS ON ROCKET

$187,500

-$15.6K Less

KEY TAKEAWAY

This property is $15.6K less than the Median Sold Price in Racine, WI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WIREX_METRO
  • MLS Number: #1895632

Listing Office:

  • Office Name: Doering & Co Real Estate, LLC - Racine
  • Office Phone: (262) 853-1936
  • Listing Agent: Jennifer Kortendick

© 2024 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,360$86,000
2019$2,386$80,000
2018$2,305$75,000
2017$2,946$75,000

History based on county public records data.

Payment Calculator

$1,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$629

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-280065
2
/10

  • Knapp Elementary School

  • 2701 17th St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-280066
6
/10

  • Jefferson Lighthouse Elementary School

  • 1722 W 6th St

  • 1.07 miles

  • Public Magnet Grades KG-5

school-card-donut-280067
3
/10

  • Fratt Elementary School

  • 3501 Kinzie Ave

  • 1.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,930. Most Racine, WI residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Wisconsin›Racine County›Racine›53403›1644 Packard Ave

This home is located at 1644 Packard Ave in Racine, WI and zip code 53403 in the Uptown (The Junction) neighborhood. This home, which was built in 1912, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $187,500.

While more than 25 listings in Racine, WI in November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 27 were sold below. In November 2024 in Racine, WI there were 1.8% more homes for sale than in October 2024.

From Rocket Homes Real Estate and based on county public records data.

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