Multi-Family

Year 1890

2945 SQ FT

0.07 ACRES

N/A ROOMS

N/A BEDS

/ BATHS

N/A CARS

Racine Home for Sale

$299,000

1027 Albert St
Racine WI 53404

Listed by Movoto, Inc.

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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!

Property Details

Listing Details

Price

$299,000

Year Built

1890

Levels

N/A

SQ FT

2945

Lot Size

0.07 ACRES

Tax Key

02147000

TaxYear

N/A

Property Taxes

$N/A

Property Type

Multi-Family

Property Status

Active

MLS#

1975799

Inclusions

3 ovens and refrigerators . 2 coin operated washers and dryers

Exclusions

tenants personal property

Interior Details

Included Appliances

Interior Features

Exterior Details

Architectural Style

N/A

Construction Materials

Aluminum Siding

Parking Features

None

Utilities & Energy

Heating

N/A

Cooling

N/A

Water Source

Municipal Water

Municipal Water

Videos & Virtual Tours

Accepted Offer
Front #2
Front #1
Front #3
Unit 1 Living Room
Unit 1 Living Room
Unit 1 Kitchen
Unit 1 Kitchen
Unit 1 Bedroom
Unit 1 Bedroom
Unit 1 Bedroom
Unit 2 Kitchen
Unit 1 Bedroom
Unit 1 Bathroom
Unit 1 Bathroom
Unit 2 Kitchen
Unit 2 Living Room
Unit 2 Bedroom
Unit 2 Bedroom
Unit 2 Bedroom
Unit 2 Bathroom
Unit 2 Bathroom
Unit 3 Living Room
Unit 3 Kitchen
Unit 3 Kitchen
Unit 3 Bedroom
Unit 3 Bedroom
Unit 3 Bedroom
Unit 3 Bathroom
Unit 3 Bathroom

About Racine

Racine, Wisconsin is a thriving city situated on the shores of Lake Michigan. With its rich history, diverse culture, and stunning natural scenery, Racine offers an exceptional quality of life to its residents. The city boasts a range of housing options, from historic homes to modern apartments, all set in unique and charming neighborhoods.

Racine is also home to a vibrant downtown area, bustling with local businesses and restaurants, and a range of recreational opportunities for residents of all ages, including parks, beaches, and bike trails. Its prime location between Milwaukee and Chicago makes it a convenient choice for commuters and those who enjoy big city amenities while still living in a smaller community. Start your search for your dream home in Racine today and discover the best of Wisconsin living!

Community Population

77,931

Community Area

18.68 SQ/MILES

Community Suburb of

Racine County

Community Lifestyle

Suburban

Nearby Schools

Elementary School

N/A

Middle Or JuniorSchool

N/A

HighSchool

N/A

School District

Racine Unified

Get In Touch With

Wisconsin's #1 Boutique Broker ™

Suzanne Powers

Suzanne Powers

FOUNDER | CEO

414.963.0000

Powers Realty - Shorewood

4214 North Oakland Avenue, Shorewood, WI 53211

Request a Showing for

1027 Albert St, Racine, WI 53404

$299,000

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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