1909 Hickory Grove, Racine, WI 53403

Unique opportunity to own a solid brick 10 unit apartment building surrounded by mostly single family homes in Racine! This building has maintained nearly 100% occupancy and offers a nearly 8% cap rate. All units are 1 bedroom and include the stove, refrigerator and build in air conditioners plus (leased) coin opp laundry in the basement. Rents range from $550- $610/month. Tenants pay electric, owner pays heat, water and sewer. Updated windows throughout. This building is currently professionally managed & that can continue if the new buyer chooses for a completely ''turn key'' investment opportunity. Possible package deal with the duplex to the south (MLS# 1667192) for more available parking and additional cash flow. The multi-family market is tight, don't let this opportunity pass you by