For sale· 62 days on market
1027 Albert St
Racine, WI, 53404·MLS# 1975799
$299,000
Estimated $1,958/mo estimated
- 0
- Bathrooms
- 2,945
- Sq ft
- 0.07 ac
- Lot size
- 1890
- Year built
- $102
- Per sq ft
- Residential Income
- Built 1890
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!
Facts & features
Interior
- Bathrooms
- 0 full
- Living area
- 2,945 sqft
Property
- Type
- Residential Income
- Year built
- 1890
- Lot size
- 0.07 acres
Financial
- Price / sqft
- $102
Estimate your monthly payment
$1,958/ month estimated
- Principal & interest$1,559
- Property tax$274
- Insurance$125
Illustrative estimate — not a lending offer.
Location
Racine, WI
Similar homes nearby
Courtesy of Movoto, Inc.
reThought Real Estate
My local team · (407) 974-5509
$299,000
0 ba · 2,945 sqft