Multi-Family

Year 1969

4000 SQ FT

0.11 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Racine Home for Sale

$414,900

1116 Grove Ave, 1118
Racine WI 53405

Listed by Realty ONE Group Boardwalk

Share Property

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

Property Details

Listing Details

Price

$414,900

Year Built

1969

Levels

N/A

SQ FT

4000

Lot Size

0.11 ACRES

Tax Key

12769000

TaxYear

N/A

Property Taxes

$N/A

Property Type

Multi-Family

Property Status

Active

MLS#

1956721

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.

Exclusions

Seller's and tenants' personal property

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Low Maintenance Trim, Wood, Brick

Parking Features

Near Public Transit, Outdoor Space

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

Accepted Offer
Grove-3
Kitchen 2
Kitchen 3
Bath 2
Bath 1
BR1
BR2
Center hall
LR 1
LR3
frt stairs & chairlift
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IMG_8141 (1)
IMG_8143 (1)
IMG_8500
IMG_8501
IMG_8502
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About Racine

Racine, Wisconsin is a thriving city situated on the shores of Lake Michigan. With its rich history, diverse culture, and stunning natural scenery, Racine offers an exceptional quality of life to its residents. The city boasts a range of housing options, from historic homes to modern apartments, all set in unique and charming neighborhoods.

Racine is also home to a vibrant downtown area, bustling with local businesses and restaurants, and a range of recreational opportunities for residents of all ages, including parks, beaches, and bike trails. Its prime location between Milwaukee and Chicago makes it a convenient choice for commuters and those who enjoy big city amenities while still living in a smaller community. Start your search for your dream home in Racine today and discover the best of Wisconsin living!

Community Population

77,931

Community Area

18.68 SQ/MILES

Community Suburb of

Racine County

Community Lifestyle

Suburban

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

Racine Unified

Get In Touch With

Wisconsin's #1 Boutique Broker ™

Suzanne Powers

Suzanne Powers

FOUNDER | CEO

414.963.0000

Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

Request a Showing for

1116 Grove Ave, 1118, Racine, WI 53405

$414,900

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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