WI > Racine
Racine, WI 53405,1116 Grove AVENUE
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Racine, WI 53405,1116 Grove AVENUE
Racine, WI 53405,1116 Grove AVENUE
Racine, WI 53405,1116 Grove AVENUE
Racine, WI 53405,1116 Grove AVENUE
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Matt Albrecht

Matt Albrecht

+1(715) 699-4459
Listed by Darryl Heyden • Realty ONE Group Boardwalk
$ 419,900
Est. payment /mo
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1116 Grove AVENUE Racine, WI 53405

4,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $104

Municipality RACINE

MLS Listing ID 1922446

Year Built 1969

Annual Tax Amount $7,167

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4200/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. Let the tenants pay the mortgage. POSITIVE CASH FLOW

Location

State WI

County Racine

Zoning B2, RES

Rooms

Basement None / Slab

Interior

Heating Electric, Natural Gas

Cooling Forced Air

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.

Exterior

Exterior Feature Other, Partial-Brick, Partial-Wood

Garage Spaces 3.0

Parking On Site 3

Roof Type Rubber/Membrane

Building

Dwelling Type Free Standing

Sewer Municipal Sewer, Municipal Water

New Construction N

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Matt Albrecht

Broker | License ID: 58942-90

+1(715) 699-4459

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1116 Grove AVENUE