1116 Grove Unit 1118, Racine, WI 53405
1116 Grove Unit 1118, Racine, WI 53405
1116 Grove Unit 1118, Racine, WI 53405
1116 Grove Unit 1118, Racine, WI 53405
1116 Grove Unit 1118, Racine, WI 53405
1116 Grove Unit 1118, Racine, WI 53405
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Listed by Darryl Heyden • Realty ONE Group Boardwalk
$ 414,900
Est. payment | /mo

4,791 Sqft Lot


Save
$ 414,900
Est. payment | /mo
Save

4,791 Sqft Lot

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

Metro MLS Back Office Only (CMA)
Dave Rosenlund

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1116 Grove Unit 1118