About 1116 Grove Ave 1118
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Features of 1116 Grove Ave 1118
| MLS® # | 1956721 |
|---|---|
| Price | $414,900 |
| Square Footage | 4,000 |
| Acres | 0.11 |
| Year Built | 1969 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1116 Grove Ave 1118 |
|---|---|
| City | Racine |
| County | Racine |
| State | WI |
| Zip Code | 53405 |
Amenities
| Parking | Near Public Transit,Outdoor Space |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Low Maintenance Trim,Wood,Brick |
|---|
School Information
| District | Racine Unified |
|---|
Additional Information
| Date Listed | April 7th, 2026 |
|---|---|
| Days on Market | 147 |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | MetroMLS |
Listing Details
| Office | Realty ONE Group Boardwalk |
|---|