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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