1027 Albert STREET, Racine, WI 53404
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: natalie masse
Office: movoto, inc.
MLS#:1975799
Source:WIREX
1027 Albert STREET,Racine, WI 53404
$299,000
- - Beds
- 3 Baths
- 2,945 sq. ft.
- Multi-family
- Pending
Price summary
- Price:$299,000
- Price per sq. ft.:$101.53
About this home
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!
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Home facts
- Year built:1890
- Listing ID #:1975799
- Added:92 day(s) ago
- Updated:November 12, 2026 at 07:03 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Full, Laundry Facilities
- Living area:2,945 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1890
- Building area:2,945 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Aluminum, Aluminum/Steel
Utilities
- Water:Municipal Water
- Sewer:Municipal Sewer
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$101.53
- Tax amount:$4,655 (2025)
Features and amenities
- Appliances:Seller Owned: Washer, Seller Owned: Water Heater
- Laundry features:Seller Owned: Dryer
Parking
- Parking description:Inside Parking, Outside
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