1116 Grove Ave, Racine, WI 53405
$419,900
MLS #: 1956199
| 4,000 Sq Ft |
Description of 1116 Grove Ave, Racine, WI 53405
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Property Features of 1116 Grove Ave, Racine, WI 53405
Listing courtesy of: Realty ONE Group Boardwalk
TYPE
Industrial
Industrial
Year Built
1969
1969
Annual Taxes
$7,533.00
$7,533.00
Acres
.11
.11
Features
| Brick exterior |
| Wood exterior |
| Lot acreage is: 0.11 |
| Lot sqft: 4791.6 |
| Lot zoned: B2, RES |
| Rubber roof |
| Public sewer |
| Public water |
| For sale |
| Tax year: 2025 |