Properties

Listing courtesy of Melges Real Estate
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!

Features
: Full, Laundry Facilities
: None
: Municipal Sewer
Address Map
US
WI
Racine
Racine
53404
Albert
1027
St
W88° 12' 27''
N42° 44' 15.6''
South Marquette to Albert St east to property
Neighborhood
Racine Unified
Additional Info
Movoto, Inc.
Natalie Masse
Additional Information
2026-08-12
: Municipal Water
2945
: Aluminum Siding
Listing Information
movoto
Active
2026-10-11T16:14:03Z
MetroMLS
2026-08-12T16:55:33Z
25070

Residential Income For Sale

1027 Albert St, Racine, Wisconsin 53404

0.07 Acre
$299,000
Listing ID #1975799
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1975799
Price : $299,000
Year Built : 1890
Lot Area : 0.07 Acre
Listing Status : Active
Property Sub Type : Multi-Family
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