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$414,900
-- Bed
-- Bath
4,000sqft
1116 Grove Avenue Avenue #1118, Racine, WI 53405
$414,900
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Multi Family
Built in 1969
$-- HOA
4,791.6 sqft lot
$104/sq.ft
Description
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
- Houzeo last checked: 4 Hours ago
- Listing updated: May 14, 2026 at 9:06 am
- Listing Provided by: Darryl Heyden (414) 651-7062 | Realty ONE Group Boardwalk (262) 586-7900
- Source: WIREX | MLS#: 1956721
- Originating MLS: Metro MLS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
4,000 sqft
Lot Size
4,791.6 sqft lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
1956721
Days on Market
-
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