1802 Grange Ave, Racine, WI 53403

18 unit apartment with underground parking. (16) 2BR and (2) 3BR units with updated finishes, LVP floors, newer kitchens & baths. Low maintenance brick building in a solid location near downtown. All units have sleeve AC's. Building has central boiler and water heater systems. First floor laundry room has coin operated washers and dryers that are included in the sale. Untapped potential with a 28 car underground parking garage that has been used for storage up until now. Building performing better than an 8 cap at acquisition w/ full occupancy and with below market rents can be performing at nearly a 10 cap in no time. Only a 1031 need could pry this from Seller's firm grasp and timing demands we make it juicy for you!