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Listed by Natalie Masse Movoto, Inc.
$ 299,000
Est. payment /mo
New
1027 Albert St Racine, WI 53404
2,945 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,945 sqft
Price per Sqft $101
MLS Listing ID 1975799
Year Built 1890
Acres 0.07
Property Sub-Type Multi-Family
Property Description
Well-maintained three-unit property offering an excellent investment opportunity with strong rental potential. Two units feature 3 bedrooms, while the third offers 2 bedrooms. Units 2 and 3 have been recently remodeled, providing updated living spaces for tenants. Unit 2 is currently vacant and ready for occupancy, while Units 1 and 3 are tenant-occupied, with existing tenants interested in remaining in the property. The basement offers additional value with coin-operated laundry featuring 2 washers and 2 dryers, along with storage space available for tenant use. Tenants are responsible for their own electric and gas expenses, helping to minimize owner operating costs. Recent updates include a 2019 roof, three water tanks installed in 2018, 2019, and 2020, and windows and furnace dat
Location
State WI
County Racine
Zoning R3
Direction South Marquette to Albert St east to property
Rooms
Basement Laundry Facilities, Full
Interior
Inclusions 3 ovens and refrigerators . 2 coin operated washers and dryers
Exterior
Parking Features None
Exclusions tenants personal property
Building
Sewer Municipal Sewer
Water Municipal Water
Structure Type Aluminum Siding
Schools
School District Racine Unified
Others
Tax ID 02147000
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