$414,900
About this home
Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$
Facts & features
- Status
- For Sale
- Property type
- Multi-Family
- Year built
- 1969
- Finished sq ft
- 4,000
- Lot size
- 0.11 acres
- Garage
- Near Public Transit, Outdoor Space
- Basement
- None
- School district
- Racine Unified
- County
- Racine
- Days on market
- 222
- MLS#
- 1956721
- Construction
- Low Maintenance Trim, Wood, Brick
- Parking
- Near Public Transit, Outdoor Space
- Water
- Municipal Water
- Sewer
- Municipal Sewer
Location
Directions: Washington Ave to Grove, N on Grove to property.
Estimated monthly payment
$2,768/mo
- Principal & interest
- $2,098
- Property tax
- $553
- Insurance (estimate)
- $117
20% down, 30-year fixed at 6.5%. An estimate, not a loan offer. Change the numbers
Listing courtesy of Realty ONE Group Boardwalk · Darryl Heyden. Listing information provided by Metro MLS through the Internet Data Exchange program and last updated Aug 31, 2026. Information is deemed reliable but not guaranteed and should be independently verified. Copyright 2026 Metro MLS, Inc.
