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Listed by Darryl Heyden • Realty ONE Group Boardwalk
$ 414,900
Est. payment /mo
Price Dropped by $5K
1116 Grove Unit 1118 Racine, WI 53405
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1956721
Year Built 1969
Annual Tax Amount $7,533
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Location
State WI
County Racine
Zoning mixed-use
Rooms
Basement None
Interior
Heating Central Air, Electric, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Cooling Central Air, Electric, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Flooring No
Exterior
Exterior Feature Brick, Low Maintenance Trim, Wood
Parking Features Near Public Transit, Outdoor Space
Building
Water Municipal Sewer, Municipal Water
Schools
School District Racine Unified
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