1116 Grove AVENUE #1118, Racine, WI, 53405
--beds
--baths
--sqft
$414,900
--price/sqft
$2,966/moest. monthly cost
$118,640/yrincome needed
About This Home
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Getting Around
70
Very Walkable40
Some Transit61
BikeableSchools
5/10
--
5/10
Construction
Condition
- Property condition: 21+ Years
- Year built: 1969
Materials
- Construction materials: Brick/Stone,Brick,Aluminum Trim,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Seller Leased: Dryer,Seller Leased: Washer,Dryer,Washer
Basement
- Basement: None / Slab
Heating & Cooling
- Heating features: Electric,Natural Gas,Central Air,Individual Heating Units
- Cooling features: Central Air,Individual Heating Units,Wall/Sleeve Air
Property
Details
- Parcel number: 12769000
- Zoning: mixed-use
- Exclusions: Seller's And Tenants' Personal Property
Lot
- Lot size: 4,791 sqft
Parking
- Parking features: Outdoor Space,Inside Parking,Outside