1116 Grove AVENUE #1118, Racine, WI 53405

Racine
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: darryl heyden
Office: realty one group boardwalk
MLS#:1956721
Source:Metro MLS
1116 Grove AVENUE #1118,Racine, WI 53405
$414,900
  • - Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$414,900
  • Price per sq. ft.:$103.73

About this home

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

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Home facts

  • Year built:1969
  • Listing ID #:1956721
  • Added:49 day(s) ago
  • Updated:May 24, 2026 at 03:07 PM

Rooms and interior

  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Sleeve Air
  • Heating:Electric, Individual Heating Units, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1969
  • Building area:4,000 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Aluminum Trim, Brick, Brick/Stone, Wood

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$414,900
  • Price per sq. ft.:$103.73
  • Tax amount:$7,533 (2025)

Features and amenities

  • Appliances:Seller Owned: Washer
  • Laundry features:Seller Leased: Dryer, Seller Leased: Washer, Seller Owned: Dryer

Parking

  • Parking description:Inside Parking, Outdoor Space, Outside
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