1027 Albert St, Racine, WI 53404

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Listing courtesy of Movoto, Inc..

List Price
$299,000
MLS#
1975799
Status
ACTIVE
Year Built
1890
County
Racine
Municipality
Racine
TotalSqFt
2,945
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!

Additional Information

Basement
Laundry Facilities, Full
Exterior
Aluminum Siding
Garage Description
None
School District
Racine Unified
Courtesy Of
Movoto, Inc.

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Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.