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(715) 424-0000
Real Estate Company
1027 Albert Street, Racine, WI 53404
- $299,000
- 2,945
- SqFt
Listing courtesy of Movoto, Inc..
- List Price
- $299,000
- MLS#
- 1975799
- Status
- ACTIVE
- Year Built
- 1890
- Architecture
- Other
- County
- Racine
- Municipality
- Racine
- Baths Full
- 3
- 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!
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Additional Information
- TotalTaxes
- $4,655
- Parking
- Inside Parking, Outside
- Appliances
- Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
- Basement
- Full, Laundry Facilities
- Exterior
- Aluminum/Steel, Aluminum
- Garage Description
- None
- School District
- Racine
- Courtesy Of
- Movoto, Inc.
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