1116 Grove AVENUE #1118, Racine, WI 53405
1116 Grove AVENUE #1118, Racine, WI 53405
1116 Grove AVENUE #1118, Racine, WI 53405
1116 Grove AVENUE #1118, Racine, WI 53405
1116 Grove AVENUE #1118, Racine, WI 53405
1116 Grove AVENUE #1118, Racine, WI 53405
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Kimberly Roering

Kimberly Roering

+1(414) 759-6356
Listed by Realty ONE Group Boardwalk
$ 414,900
Est. payment | /mo

4,000 SqFt

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

4,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $103

Municipality RACINE

MLS Listing ID 1956721

Year Built 1969

Annual Tax Amount $7,533

Tax Year 2025

Lot Size 4,791 Sqft

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 / Slab

Interior

Heating Electric, Natural Gas

Cooling Central Air, Individual Heating Units, Wall/Sleeve Air

Inclusions in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.

Equipment Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Dryer, Seller Owned: Washer

Appliance Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Dryer, Seller Owned: Washer

Building

Dwelling Type Apartment Building

Story 1 - 2

Sewer Municipal Sewer, Municipal Water

Structure Type Brick/Stone,Brick,Aluminum Trim,Wood

New Construction N

Schools

School District Racine

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Kimberly Roering

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

+1(414) 759-6356

kimberly@novarealestategroup.net

PO Box 3014, Merton, WI, 53056, USA

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1116 Grove AVENUE #1118