1027 Albert, Racine, WI 53404
1027 Albert, Racine, WI 53404
1027 Albert, Racine, WI 53404
1027 Albert, Racine, WI 53404
1027 Albert, Racine, WI 53404
1027 Albert, Racine, WI 53404
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Listed by Natalie Masse • Movoto, Inc.
$ 299,000
Est. payment | /mo

3,049 Sqft Lot


Save
$ 299,000
Est. payment | /mo
Save

3,049 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 1975799

Year Built 1890

Annual Tax Amount $4,655

Tax Year 2025

Contingent With Offer

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Excellent investment opportunity! This three-unit property features two 3-bedroom units and one 2-bedroom unit. Units 2 and 3 recently remodeled; Unit 2 vacant and ready to rent or owner-occupy. Current rental income of $2,335/month from two occupied units, with projected rents of $3,570/month ($42,840/year) at full occupancy. Rentometer area market averages total $4,489/month based on bedroom counts. Tenants pay gas and electric. Basement offers coin-operated laundry (2 washers, 2 dryers) and tenant storage. Major updates include all three furnaces (2025-26), three landlord-owned refrigerators (2026), two stoves (2024-26), roof (2019), water heaters (2018-20), and exterior grading (2025). Great opportunity for investors or owner-occupants!

Location

State WI

County Racine

Zoning R3

Rooms

Basement Full, Laundry Facilities

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring No

Exterior

Exterior Feature Aluminum Siding

Parking Features None

Building

Water Municipal Sewer, Municipal Water

Schools

School District Racine Unified

Metro MLS Back Office Only (CMA)

Nearby Schools & Businesses

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1027 Albert